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Svetach [21]
2 years ago
14

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

Business
1 answer:
pshichka [43]2 years ago
8 0

When there is an increase in the current account deficit, this will place <u>downward pressure</u> on the home currency value and other things equal.

<h3>What is a deficit in current account?</h3>

A deficit in current account happens when total value of goods and services a country imported exceeds the total value of goods and services exported.

Hence, in that situation where there is an increase in the current account deficit, this will place <u>downward pressure</u> on the home currency value and other things equal.

Therefore, the Option D is correct.

Read more about current account

<em>brainly.com/question/25916626</em>

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See Explanation Below

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