Question: 1) i) How would 10% TL appreciation effect the current account balance of Turkey? Explain in 3 sentences at most. (3 points) ii) Explain impact

 1) i) How would 10% TL appreciation effect the current account

1) i) How would 10% TL appreciation effect the current account balance of Turkey? Explain in 3 sentences at most. (3 points) ii) Explain impact on Turkey's CA balance, when a Turkish citizen travels abroad for tourism and spends money? (3 points) iii) Vokswagen decides to make a green field investment in Poland. Explain how this would affect Poland's CA balance? (4 points)

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