Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will cause its imports to rise.
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What are floating exchange rates?</h3>
- A floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which the value of a currency is permitted to fluctuate in reaction to foreign exchange market occurrences.
- A floating currency is one that uses a floating exchange rate, as opposed to a fixed currency, the value of which is determined in terms of material items, another currency, or a group of currencies (the idea of the last being to reduce currency fluctuations).
- When the international value of a country's currency rises, so do its imports, and vice versa.
As it is given in the description itself, when the international value of a country's currency rises, so do its imports, and vice versa.
Therefore, Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will cause its imports to rise.
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Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will ____.
To ensure that her company is being socially responsible, Vivian should ensure that the cars are environmentally friendly. Being socially responsible means you do what is best for planet, people, and profits. In this case, taking care of the planet means choosing the car that is the most environmentally friendly.
The primary weakness of the imitation account is that it does not account for generatively.
Imitation based account of belief transmission more focus on the formation of belief because of the voluntariness of imitation and the non-voluntariness of belief formation. Imitation is powerful learning mechanism.
Answer:
IDKK EITHER OF WHAT YOU ARE ASKING IDK
Explanation:
I just got myself confused XD
