Which one of the following is most likely to cause a deterioration in a developed country's trade balance?
A.
An increase in the non-price competitiveness of the country's products
B.
A fall in the real incomes of the country's citizens
C.
A fall in the non-price competitiveness of a major trading partner's products
D.
An increase in the country's exchange rate against other currencies
Exam No：WEC12_01_que_20210304 Year：2021 Question No：3
Answer:
D
Knowledge points:
10.National income
Solution:
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