Assume increase in englands economic growth

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Reference no: EM13852731

Assume an increase in England’s economic growth. Holding everything else constant, we can expect:

A) An increase in England’s current account surplus as the demand for imports decreases.

B) A decrease in England’s current account surplus as the demand for exports decreases.

C) An increase in England’s current account surplus as the demand for exports increases.

D) A decrease in England’s current account surplus as the demand for imports increases.

Reference no: EM13852731

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