Edexcel IGCSEEconomicsGeneral Applications1 Mark
A country experiencing a persistent balance of payments current account deficit might typically see which of the following as a consequence? A. An appreciation of its currency B. A decrease in foreign debt C. Increased demand for its exports D. A depletion of its foreign exchange reserves
AAn appreciation of its currency
BA decrease in foreign debt
CIncreased demand for its exports
DA depletion of its foreign exchange reserves
✓ Correct answer
D: A depletion of its foreign exchange reserves
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