Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 3 of 6
Which condition, via exchange rate adjustments, will help a country restore its balanced current account?
B. High sensitivities of import and export prices to changes in the exchange rate.
C. Low price elasticities of import and export demand.
A. A narrow gap between exports and imports.
B. High sensitivities of import and export prices to changes in the exchange rate.
C. Low price elasticities of import and export demand.
User Contributed Comments 0
You need to log in first to add your comment.
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
explain the potential effects of monetary and fiscal policy on exchange rates;
CFA® 2025 Level II Curriculum, Volume 1, Module 8.