What are two effects on trade when a nation’s currency decreases in value? A nation increases its exports because it is less expensive for other countries to buy goods from them. A nation decreases its exports because it is more expensive for other countries to buy goods from them. A nation increases its imports because it is less expensive to buy goods from other countries. A nation decreases its imports because it is more expensive to buy goods from other countries.

Early 18th century british industries were generally small scale and relatively unsophisticated. most textile production, for example, was centred on small workshops or in the homes of spinners, weavers and dyers: a literal ‘cottage industry’ that involved thousands of individual manufacturers. such small-scale production was also a feature of most other industries, with different regions specialising in different products: metal production in the midlands, for example, and coal mining in the north-east.two illustrations of 18t