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Russia imposes restrictions on Czech exports as a retaliatory measure after the sanctions following the Ukrainian crisis a)What will be the impact on Czech savings,

Russia imposes restrictions on Czech exports as a retaliatory measure after the sanctions following the Ukrainian crisis

a)What will be the impact on Czech savings, investment, interest rate, net exports and the exchange rate?

b)How does the change in the exchange rate affect the number of trips of Czech tourists abroad?

c)The Prime Minister wants to adjust the taxes in order to return the exchange rate to its original level. Should he increase or decrease taxes? If he does so, what will be the overall impact on savings, investment, net exports and interest rates?

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