Social Sciences, asked by alif93421, 1 year ago

what are the effect of changing the trends on export and import?

Answers

Answered by ExpertSohanXLR8
2

Explanation:

The exchange rate has an effect on the trade surplus (or deficit), which in turn affects the exchange rate, and so on. In general, however, 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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