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Re: jnu 2014 discussion

Posted by Sris on May 02, 2015; 10:51am
URL: http://discussion-forum.276.s1.nabble.com/jnu-2014-discussion-tp7596392p7596520.html

THIS IS FROM JNU SIS 2014....

A DEVALUATION OF A CURRENCY UNDER THE FIXED EXCHANGE RATE REGIME IS LIKELY TO HAVE NO IMPACT ON BALANCE OF TRADE IF

A) HOME AND FOREIGN OFFER CURVES ARE ELASTIC
B) HOME AND FOREIGN OFFER CURVES ARE INELASTIC
C) HOME AND FOREIGN ELASTICITY OF THE OFFER CURVE SUM TO UNITY
D) ALL OF THE ABOVE

PLZ ANSWER THIS....I AM STUCK IN THIS....