Ad
Ad
Advertisement
Quiz

Suppose, Country X, has more inflation than Country Y. Which of the following is most likely situation to happen in such a case, assuming other factors being constant? (Choose the correct alternative)

Rohit Sharma March 17, 2023

There are the Options for the Question: Suppose, Country X, has more inflation than Country Y. Which of the following is most likely situation to happen in such a case, assuming other factors being constant? (Choose the correct alternative)

(a) A surplus trade balance in Country X (b) (b) A deficit trade balance for Country X (c) A rise in exports from Country X to Country Y (d) A deficit trade balance for Country Y

 

The correct answer is - (b) A deficit trade balance for Country X