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gizmo_the_mogwai [7]
2 years ago
14

If country x imposes a tariff on its imports, how will the supply of its currency and its exchange rate be affected in foreign e

xchange markets?
Business
1 answer:
Misha Larkins [42]2 years ago
3 0

The currency and exports rate will be affected  like the supply will be decrease and currency will be increase in foreign exchange markets, if one country imposes a tariff on its imports.

<h3>What is foreign exchange markets?</h3>

Foreign exchange markets is the institute of the foreign exchange rate of the country X from the country Y.

Foreign exchange markets are made up of from many different markets as the different markets are involved, for example Dollar are Exchange from the Rupees.

Thus, supply will be decrease and currency will be increase .

For more details about foreign exchange markets, click here:

brainly.com/question/22999015

#SPJ4

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