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How is the exchange rate and international trade related? Suppose USD gets stronger against KRW ( currency of Korea ) . Strong USD against KRW
How is the exchange rate and international trade related? Suppose USD gets stronger against KRW currency of Korea
Strong USD against KRW US imports from Korea, demand for KRW in the foreign currency market, KRW against USD, making USD against KRW
Group of answer choices
Increases; decreases; appreciates; weaker.
Increases; increases; depreciates; weaker.
Increases; increases; appreciates; weaker.
decreases; increases; appreciates; weaker.
Increases; increases; appreciates; stronger.
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