6. Will exchange rates correct a balance-of-trade deficit? Consider the case of a balance-of-trade deficit in the United States, along with a floating exchange rate, While a trade deficit in the United States might normally agreements that were made in the past and the US dollar, many international trades are governed by contracts and be adjusted instantaneously. This leads to what is known as the Save & Continue Grade It Now Assignment ampts Average/1 will exchange rates correct a balance-of-trade de strengthen Consider the case of a balance-of-trade deficit in the United ng with a floating exchange rate. weaken While a trade deficit in the United States might normally agreements that were made in the past and the US dollar, many international trade be adjusted instantaneously. This leads to what is known 6. Will exchange rates correct a balance-of-trade deficit? Consider the case of a balance-of-trade defici can hited States, along with a fi cannot the US While a trade deficit in the United States mig agreements that were made in the past and be adjusted instantanea Back to Assignment Attempts Average/1 efficient markets hypothesis ct a balance-of-trade deficit? tax break effect bf-trade deficit in the United States, alor J-curve effect dumping effect ed States might normally the past and be adjusted 1