Answer to Question #57075 in Finance for Shamsudeen AbdulRahman

Question #57075
WheWhen, in the absence of exchange rate adjustments, there is a balance of payments deficit, this is known as a(n)
Select one:
a. incipient balance of payments deficit.
b. balance of payments depreciation.
c. balance of payments appreciation.
d. incipient balance of payments surplus.
Nextn, in the absence of exchange rate adjustments, there is a balance of payments deficit, this is known as a(n)
1
Expert's answer
2016-02-10T00:01:18-0500
When, in the absence of exchange rate adjustments, there is a balance of payments deficit, this is known as an incipient balance of payments deficit.
So, the right answer is a. incipient balance of payments deficit.

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