how inflation decrease the competitiveness of export?
Answers
Answered by
0
Answer:
If one country has a much higher rate of inflation than others for a considerable period of time, this will make its exports less price competitive in world markets. Eventually this may show through in reduced export orders, lower profits and fewer jobs, and also in a worsening of a country’s trade balance. A fall in exports can trigger negative multiplier and accelerator effects on national income and employment.
Answered by
0
Explanation:
I hope this answers is help full for you
Attachments:
Similar questions
History,
10 hours ago
Math,
19 hours ago
Computer Science,
19 hours ago
Science,
8 months ago
Math,
8 months ago