Economy, asked by anzilaawan, 10 months ago

How does effect of import and export when dollar value increases ​

Answers

Answered by shiva18122005
1

Explanation:

A rising level of imports and a growing trade deficit can have a negative effect on a country's exchange rate. A weaker domestic currency stimulates exports and makes imports more expensive; conversely, a strong domestic currency hampers exports and makes imports cheaper.

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