From an effect point of view, a country experiencing a serious BOP ________ is more likely...

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From an effect point of view, a country experiencing a serious BOP ________ is more likely...

From an effect point of view, a country experiencing a serious BOP ________ is more likely to see exports ________ than otherwise.

Group of answer choices

surplus; expand

surplus; contract

deficit; expand

none of the above

business finance

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Answer 1

Answer #1

From an effect point of view, a country experiencing a serious BOP surplus is more likely to see exports contract than otherwise.

Ans - B) surplus, contract

A balance of payments surplus means the country exports more goods, services, and capital than it imports. so if there is a surplus, then the country will see the contraction of its exports to bring it to a balanced level.

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Answer 2

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A survey found that 24% of consumers from a Country A are more likely to buy...

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From an effect point of view, a country experiencing a serious BOP ________ is more likely...

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