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yaroslaw [1]
3 years ago
7

Why must countries consider exchange rates when trading with one another?

Social Studies
1 answer:
kipiarov [429]3 years ago
3 0

Answer:Aside from factors such as interest rates and inflation, the currency exchange rate is one of the most important determinants of a country's relative level of economic health. A higher-valued currency makes a country's imports less expensive and its exports more expensive in foreign markets.

Explanation:

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