Empirical evidence regarding in the effects of currency depreciation on the balance of trade indicates that?

A. no strong generalization is possible

B. depreciation has no effect on the trade balance

C. depreciation generally hurts the trade balance

D. depreciation generally improves the trade balance

Found an error? Read our corrections policy and report it in the comments below.

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.