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Ksivusya [100]
2 years ago
6

For domestic manufacturers, what are positive aspects of a weak domestic currency?

Business
1 answer:
Ray Of Light [21]2 years ago
5 0

For domestic manufacturers,  positive aspects of a weak domestic currency appear as decreasing demand for goods made in foreign countries in the domestic country.

<h3>What is currency?</h3>

A currency represents the type of system used in different countries to purchase and sells goods. Every country has its own value in a currency based on its type for example dollar, pound, Rupees, and so on.

When the currency seems as weak the domestic manufacturers see the positive aspects as reduced demand for products made in foreign countries as well as lower prices for domestic products.

Learn more about currency, here:

brainly.com/question/14372075

#SPJ4

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