spacemase129 spacemase129
  • 22-04-2022
  • Social Studies
contestada

why is exchange rate important in international trade

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255826
255826 255826
  • 22-04-2022

Answer:

A higher value country makes a country's imports less expensive and it exports higher valued things

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Аноним Аноним
  • 23-04-2022

Exchange rate and international trade Exchange Rates are vital for all countries as they determine the level of exports and imports. When a domestic currency is to depreciate with respect to a foreign currency, then the imported goods would be expensive in the domestic market and vice versa.

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