MCQOPTIONS
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| 1. |
The competitive advantage from a devaluation is likely to be offset by _______ and ________? |
| A. | higher import prices, higher wages increases |
| B. | lower export prices, lower imports volumes |
| C. | higher import prices, lower export prices |
| D. | higher wage increases lower import volumes |
| Answer» B. lower export prices, lower imports volumes | |