loritathacker loritathacker
  • 11-06-2021
  • History
contestada

Why do countries need exchange rates for international trade?

Respuesta :

cdusgsgsgushdvh cdusgsgsgushdvh
  • 11-06-2021
Aside from factors such as interest rates and inflation, the currency exchange rate is one of the most important determinants of a country's relative level of economic health. A higher-valued currency makes a country's imports less expensive and its exports more expensive in foreign markets.
Answer Link

Otras preguntas

PLEASE answer me quickly! WILL be made BRAINLIEST! if that's how you spell it :< tbh idc how its spelled rn. please just help me. Click to review the online
Write any five differences between profession and professional education.​
In a jar there are 73 coins consisting of quarters, dimes, and pennies. There is $9.19. The number of quarters is 2 more than twice the number of dimes. How man
Write a paragraph with six sentences that describe your weekend
Fossils that can be used to date rocks are known as index fossils. They have a specific set of traits. Question 1 options: easily recognized, existed over a wid
All of the following are regulated by the medulla except A. breathing B. swallowing and vomiting C. coughing and sneezing D. the fight-or-flight response
plz help me i dont get it
How long did the postwar period of reconstruction last?
What is “One of us is next” about ?
Simplify 3x - 2x - X