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In 2015, when the developing economy of Nanoosh suffered from a "fundamental disequilibrium," its government choose not to devalue its currency. A likely consequence of this would be _____.

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Answer:

A balance of payments equilibrium

Explanation:

A “fundamental disequilibrium” exists when outward payments have a continuing tendency not to balance inward payments. A disequilibrium may occur for various reasons.

Balance of payments equilibrium occurs when induced balance of payments transactions; those engineered by the government to influence the nominal exchange rate are zero.