New Year Sale Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac4s65

Following a 10% reduction in the value of its currency, the volume of imports into...

CIMA BA1 Full Course Access
CIMA BA1 View All Questions

Following a 10% reduction in the value of its currency, the volume of imports into the country falls by 10%, whilst the volume of exports rises by 15%.

Which of the following effects will occur?

A.

Balance of payments will improve

B.

Balance of payments will deteriorate

C.

Terms of trade will improve

D.

The central bank will be forced to borrow more foreign exchange to cover the shortfall

BA1 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now BA1 pdf
Get 65% Discount on All Products, Use Coupon: "ac4s65"
Next
In the foreign exchange market all of the following are sources of demand for a...
Financial intermediation is the process by which
Previous