deshawnodom13 deshawnodom13
  • 09-12-2021
  • Business
contestada

How does the value of a nation's currency affect global trade?

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sarahcaler
sarahcaler sarahcaler
  • 09-12-2021

Answer:

this is the answer

Explanation:

A weaker domestic currency stimulates exports and makes imports more expensive; conversely, a strong domestic currency hampers exports and makes imports cheaper. Higher inflation can also impact exports by having a direct impact on input costs such as materials and labor.

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