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(45 of 57) To influence the value of its currency, the government of a nation can impose restrictions to reduce imports or ot
(47 of 57) The total GDP of the United States was approximately $17.4 trillion in 2014 and the Xn was approximately billion.
(48 of 57) Central banks of a nation hold s well as balances with the International Monetary Fund that can be drawn upon for
(56 of 57) This graph has two MFC competitive curves, one at $5 and the second at $3.50. If the price of labor is $5.00 then
(57 of 57) $/HR MFC MRP Quantity of Labor Figure 11.3 The demand for labor in a competitive market. This graph has two MFC co
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Answer #1

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Any country's export and import activity will have effect on the country's currency value. A country which has a lower value of its own( domestic) currency , will encourage export and will increase the prices of imports making it expensive. Whereas a country which has a strong value of its own (domestic) currency will hinder the exports and will make changes to bring import to cheaper level . So , value of currency of a country will be effected by import and export.

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