In the early 2000s, Neverland had a price elasticity of demand for imports of 0.16 and a price elasticity of demand for exports of 0.70. A depreciation of the Neverland peso would: Check all correct answers Each choice is worth 1 point, which you will receive if you correctly either check or do not check the choiceMultiple choice
A
worsen a trade surplus
B
lower price of imports
C
lower total value of exports
D
lower total value of imports
E
lower quantity of imports
F
worsen a trade deficit
G
lower price of exports
H
lower quantity of exports
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