contestada

Now, put it all together. Explain how a rise in currency value would affect a country’s ability to import and export goods. Give your answer in at least two to three complete sentences.

Respuesta :

mariaxo2315

Answer:

If a country experiences a rise in value, it will trade at a higher exchange rate. This rise in value will cause the prices of exports to increase, so other countries may be less willing to buy these goods. At the same time, the rise in value will make it easier and cheaper to import goods.

carbinokyle2

Answer:

If a country experiences a rise in value, it will trade at a higher exchange rate. This rise in value will cause the prices of exports to increase, so other countries may be less willing to buy these goods. At the same time, the rise in value will make it easier and cheaper to import goods.

Explanation:

Otras preguntas