You are an analyst preparing a forecast of the effects of macroeconomic changes in the economy. What happens to prices and gdp when imported inputs become cheaper?.

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asked Jul 12, 2023 222k views

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Jeff Demanche · Answer 1 · 2023-07-17T18:01:13+0000

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A country's exchange rate can affect the price of its goods and services. When the value of its currency goes up against that of another country, its imports become cheaper. This can result in a decrease in the country's exports.

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You are an analyst preparing a forecast of the effects of macroeconomic changes in the economy. What happens to prices and gdp when imported inputs become cheaper?.

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