A.Both the elasticities and absorption approaches consider trade and capital flows
B.Under the elasticities approach, currency depreciation will result in greater improvement in the trade deficit when either import or export demand becomes more elastic
C.Under the absorption approach, depreciation of the domestic currency will improve a trade deficit if it increases national expenditures relative to income
第1题
The actual incidence of a tax imposed on producers of a good will be borne by:
A.producers more than consumers if demand for the good is less price elastic than supply
B.consumers more than producers if the supply of the good is more price elastic than demand
C.consumers and producers equally because the actual incidence of a tax is unaffected by price elasticity
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