When price of a foreign currency rises its supply also rises explain
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(i) It induces greater Foreign Direct Investment (FDI).
(ii) Appreciation of foreign currency induces greater exports from the domestic economy.
(iii) Appreciation of foreign currency increases direct purchase by the non-residents in the domestic economy.
(iv) It also increases remittances from abroad
(ii) Appreciation of foreign currency induces greater exports from the domestic economy.
(iii) Appreciation of foreign currency increases direct purchase by the non-residents in the domestic economy.
(iv) It also increases remittances from abroad
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