Social Sciences, asked by jai123magnus, 5 months ago

impact on imports and exports of increase in supply
for foreign currency

Answers

Answered by s02371joshuaprince47
1

Answer:

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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