Empirical evidence regarding in the effects of currency depreciation on the balance of trade indicates that?

depreciation has no effect on the trade balance

depreciation generally improves the trade balance

depreciation generally hurts the trade balance

no strong generalization is possible

depreciation has no effect on the trade balance

Empirical evidence regarding in the effects of currency depreciation o

1.	Empirical evidence regarding in the effects of currency depreciation on the balance of trade indicates that?
A.	depreciation generally improves the trade balance
B.	depreciation generally hurts the trade balance
C.	no strong generalization is possible
D.	depreciation has no effect on the trade balance
Answer» D. depreciation has no effect on the trade balance