4.3.3.2f - impact of changes in exchange rates on: • the current account of the balance of

The impact of changes in exchange rates on:; the current account of the balance of payments (with reference to Marshall-Lerner condition and to the J-curve effect); the capital and financial accounts of the balance of payments; economic growth; employment and unemployment; rate of inflation; FDI flows.

Use f - impact of changes in exchange rates on: • the current account of the balance of to connect the rule to the data and decision in the question.

This matters because f - impact of changes in exchange rates on: • the current account of the balance of determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply f - impact of changes in exchange rates on: • the current account of the balance of to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: f - impact of changes in exchange rates on: • the current account of the balance of is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.