The following example supports which extension to the Monetary Approach to Exchange rates: The announcement of a new trade deal between South Korea and Japan,lead investors to predict that Japan may be a path to a trade deficit.Thus,the Japanese yen saw an immediate decline in value.
A) Portfolio balance approach
B) Trade balance approach
C) News approach
D) Currency substitution approach

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The Answer of The following example supports which extension to the Monetary Approach to Exchange rates: The announcement of a new trade deal between South Korea and Japan,lead investors to predict that Japan may be a path to a trade deficit.Thus,the Japanese yen saw an immediate decline in value.
A) Portfolio balance approach
B) Trade balance approach
C) News approach
D) Currency substitution approach

The Following Example Supports Which Extension to the Monetary Approach