In the long run, both exports and imports tend to be
A. Unresponsive to changes in exchange rates
B. Responsive to changes in exchange rates
C. Both a) and b)
D. None of the above
Answer:B
In the long run, both exports and imports tend to be
A. Unresponsive to changes in exchange rates B. Responsive to changes in exchange rates C. Both a) and b) D. None of the above