What will be the impact of rupee depreciation on the


Suppose the Indian rupee depreciated in the international market. What will be the impact of rupee depreciation on the current account balance of India, if the import demand condition is elastic? If personal disposable income rises, along with the rupee depreciation, will the current account balance improve or worsen?

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Macroeconomics: What will be the impact of rupee depreciation on the
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