1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leona [35]
2 years ago
9

An increase in the current account deficit will place _______ pressure on the home currency value, other things equal.

Business
1 answer:
Sindrei [870]2 years ago
4 0

When there is an increase in the deficit of the current account, the pressure on the home currency value all things equal would be a downward pressure.

<h3>What happens when there is a current account deficit?</h3>

A current account deficit means that the country is earning less from exporting goods to other countries than it is losing from importing from other nations.

What this means is that more money is flowing out of the country than the money that is coming in. What this leads to a loss in currency value because it points to less demand for the home currency.

This is because the deficit would place a downward pressure on the local currency. On the upside, this decrease in currency value might spur exports which would lead to a better current account balance.

In conclusion, there will be downward pressure.

Find out more on the current account at brainly.com/question/22333470

#SPJ1

You might be interested in
The promotional mix includes advertising, personal selling, sales promotion, __________, and direct marketing. A. public relatio
krok68 [10]

Answer: option "A" is correct

Explanation:

It's an official context for other options.

6 0
3 years ago
The Argentine government has recently been imposing heavy trade restrictions. Taxes on exports are a major source of revenue for
kati45 [8]

Answer:

The correct option is "B"

Explanation:

The burden substantial exchange limitation by The Argentine government cause to upset exchange and influences imports Due to prohibitive arrangement exchange it builds the expense of bringing in products and causing to diminish in supply in Argentinean advertise Before the exchange limitations, the market was working effectively, and was overwhelmed with imported merchandise because of the exchange limitations, import merchandise decays because of increment in cost.

3 0
2 years ago
Read 2 more answers
A U.S. firm sells merchandise today to a British company for £150,000. The current exchange rate is $1.55/£ , the account is pay
Andre45 [30]

Answer:

b

Explanation:

4 0
3 years ago
Shane is looking for ways to get more capital for his appliance sales and service business. he is very protective of his company
Nitella [24]
<span>Shane, who is interested in new ways to get more capital for his business that sells and services appliances, is highly protective of his company's information and often worries that it may fall into the wrong hands. With this state of mind, Shane is likely not interested in incorporating his money</span>
6 0
3 years ago
 Because of its importance in summarizing your strategy, the Introduction and Overview of your business plan should be 
Rashid [163]

Answer:

Because of its importance in summarizing your strategy, the Introduction and Overview of your business plan should be written last-B.

3 0
3 years ago
Other questions:
  • PLZ HELP!!! ILL MARK BRAINLY!!
    7·2 answers
  • A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and co
    7·1 answer
  • When a company controls all three phases of the film-industry production, distribution, and exhibition it is said to be:?
    11·1 answer
  • Parker Company’s balance reflected Estimated Warranty Payable of $2,000 credit at the end of 2018, the current year. During 2019
    6·1 answer
  • The activity that evaluates public attitudes, changes policies and procedures in response to the public's requests, and executes
    9·2 answers
  • On June 30, the end of the first month of operations, Tudor Manufacturing Co. prepared the following income statement, based on
    8·1 answer
  • All sales are on account. 35% of the sales are collected in the month of sale, 45% in the following month, the remainder in the
    10·1 answer
  • Should work or another form of payment be used to satisfy a lien ?
    8·1 answer
  • Owing to his impulsive buying habits, Ronnie's unpaid credit card balances pile up to $9,000. As Ronnie does not have enough mon
    6·1 answer
  • What's the primary benefit of being prequalified for a mortgage? Pick the best answer.
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!