Suppose that the United Kingdom devalues the pound. If both exports and imports are written in terms of pounds,then the United Kingdom balance of trade ________ during a currency contract period.
A)improves
B)worsens
C)is unaffected
D)falls for a while before increasing

Question

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The Answer of Suppose that the United Kingdom devalues the pound. If both exports and imports are written in terms of pounds,then the United Kingdom balance of trade ________ during a currency contract period.
A)improves
B)worsens
C)is unaffected
D)falls for a while before increasing

Suppose That the United Kingdom Devalues the Pound