Which of the following examples is best described by the economic phenomenon referred to as The Dutch Disease ?
a) The discovery of a diamond mine in Myanmar increases the level of corruption and slows economic growth.
b) The discovery of a diamond mind in Myanmar results in a worsening of the terms of trade for the country when the world price of diamonds falls.
c) Exports from a newly discovered diamond mine in Myanmar result in the depreciation of its currency, the kyat, and an expansion of its other export industries.
d) Exports from a newly discovered diamond mine in Myanmar result in the appreciation of its currency, the kyat, and a contraction of its other export industries.
