what were the effects caused by foreign exchange ?????
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- More new MNCs was set up in the country which eventually leads to development
- it brings revenue that help the country to develop at the fullest
- If a country exports more than it helps the country earn more because it brings the money required for development
- @RaunacYadav
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Answer:
hey mate your answer is
Step-by-step explanation:
A strong dollar makes their products more expensive relative to foreign products. Over time, this slows economic growth. It also causes companies to outsource jobs overseas. Foreign workers cost less since they are paid in weaker currencies.
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