According to the article, which of the following statements about the Dutch Disease are correct? Check all that apply.
Increased demand for nontraded goods increases prices in the nontraded goods sector, which boosts the real exchange rate.
When a country's currency appreciates, its manufacturing sector quickly gains competitiveness.
Currency appreciation makes the nonbooming tradable sector less attractive to the workforce, which turns to the nontrade sector, like
services.
00
The Dutch Disease can be prevented if the government encourages a high rate of saving and invests the proceeds of exhaustible
resources in human or physical capital.

Respuesta :

Both the options Band C are correct as the Dutch Disease is primarily associated with the new discovery or exploitation of a valuable natural resource and the unanticipated consequences that such a discovery can have on a country's overall economy.

the Dutch Disease

  • The term "Dutch disease" refers to the paradox that occurs when good news, such as the discovery of large oil reserves, harms a country's overall economy.
  • It could start with a large influx of foreign cash to capitalise on a newly discovered resource.
  • Symptoms include rising currency values, which cause a drop in exports and job losses to other countries.

Learn more about The Dutch Disease here:https://brainly.com/question/24262809

#SPJ1