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Business, 15.11.2019 21:31 TheaMusic524

Suppose that the elasticity of imports in the usa in the short run is 0.5 the elasticity of imports in japan in the short run is 0.4 the elasticity of imports in the usa in the long run is 0.9 what happens to the current account balance in the us if the exchange rate goes from yen=$1/100 to yen=$1/50 ?

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Suppose that the elasticity of imports in the usa in the short run is 0.5 the elasticity of imports...
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