Physics, 27.05.2021 07:50 jsmith4184
Which result will most likely happen if the exchange rate for a country’s currency goes down?
Its standard of living increases.
Its consumers benefit from lower overall prices.
Its comparative advantage in international trade becomes unknown.
Its exports increase because they become cheaper.
Answers: 3
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Which result will most likely happen if the exchange rate for a country’s currency goes down?
Its s...
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