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Darya [45]
2 years ago
14

How does a weak currency give a country an unfair advantage in trade?.

Business
1 answer:
harina [27]2 years ago
6 0

Answer:

From the countries point of view with the weaker currency, their goods are relatively cheaper to other countries, and other countries goods are relatively more expensive to this country (Say Country A) as they have a weaker currency.

From the point of view of Country B, with a stable currency, Country A's goods are relatively cheaper because they have a weaker currency.

Due to this scenarios, Country B will export less to Country A than import because Country B will be buying more of Country A's product as it is relatively cheaper. It will export less to Country A because Country B's products are relatively more expensive to Country A due to their weak currency.

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I hope that this is the answer that you were looking for and it has helped you.
5 0
3 years ago
Read 2 more answers
Tommy McCartney is a sixteen-year-old high school student. He has worked forty hours per week at the local convenience store ove
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Answer: Yes,it is legal and or ethical to allow Tommy to escape his contractual obligations.

Explanation:

A contract is an agreement made between two or more persons which the court of law can enforced. Under the law of contract, one of the essential elements of a valid contract is capacity, which states that a person must be of legal age before such a person can enter into a contract. For example a legal age is 18 years. In a law of contract any contract enter into with a minor is null and void according to the law. The exception to this rule is when a minor enter into a contract for the supply of necessity such as food and clothing. It is evidence that Tommy McCartney is 16 years old as at the time of entering into the contract for the purchase of the car from the store. In this case, by virtue of being a minor he does not have the backing of the law to enter into the contract for the purchase of the car from the store as at the time he does so.

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4 0
3 years ago
rose ordered a package of macaroons from an out of state bakery. she received the cookies the following week. what type of e-com
tatiyna

Rose ordered a package of macaroons from an out-of-state bakery. she received the cookies the following week, the type of e-commerce product is Physical.

E-commerce digital commerce is the buying and selling of goods and services, or the transmitting of finances or data, over a digital network, basically the net. these enterprise transactions occur both as commercial enterprise-to-enterprise, commercial enterprise-to-purchaser, customer-to-patron, and consumer-to-enterprise.

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Learn more about e-commerce here:-brainly.com/question/23369154

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5 0
1 year ago
The following account balances come from the records of Ourso Company: Beginning Balance Ending Balance Accounts receivable $ 2,
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Answer: $13,050

Explanation:

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4 0
3 years ago
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