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Devaluation of currency may not correct a balance of payments deficit if the demand for ...

Devaluation of currency may not correct a balance of payments deficit if the demand for export is _____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Perfectly inelastic
  • B Perfectly elastic
  • C Fairly elastic
  • D Unitary elastic
Correct Answer: Option A
Explanation:

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