Ask a New Question

Asked by remy

Correct me if I am wrong, if a country's currency appreciates, foreign goods are relatively cheaper than domestic goods, so imports increases and export decreases.
And if depreciates, the opposite is true?
17 years ago

Answers

Answered by economyst
Sounds right to me.
17 years ago
There are no AI answers yet. The ability to request AI answers is coming soon!

Submit Your Answer


We prioritize human answers over AI answers.

If you are human, and you can answer this question, please submit your answer.

Related Questions

please correct me if i am wrong the body has 3 different joints: A. fixed or immovable joints B.... Please correct me if I'm wrong on any of this thanks! From the words below supply the words that com... Please correct me if I'm wrong on any of this thanks! From the words below supply the words that com... Please correct me if I'm wrong on any of this thanks! From the words below supply the words that com... Correct me if I'm wrong!! A mnemonic is a tool that you can use when you are studying to help yo... Correct me if I'm wrong!! 2. You may see the term FAQ on websites, which stands for Frequently As... Correct me if I'm wrong!! Ken Has Dipped Many Dark Chocolate Marshmallows (which helps you rememb... Plz correct me if I'm wrong!! Which of the following is a chemical property of aluminum? A.) Th... Plz correct me if I'm wrong!! 1) Which of the following is a chemical change? (1 point) Boiling...
Submit Your Answer

Question

Correct me if I am wrong, if a country's currency appreciates, foreign goods are relatively cheaper than domestic goods, so imports increases and export decreases.
And if depreciates, the opposite is true?

Ask a New Question
Archives Contact Us Privacy Policy Terms of Use