BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Factor affecting international trade flow
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Cost of labor
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Inflation
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Exchange rate
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Expansion
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Explanation:
Detailed explanation-1: -These include factor endowments and productivity, trade policy, exchange rates, foreign currency reserves, inflation, and demand.
Detailed explanation-2: -Changes in currency exchange rates affect international trade by increasing or decreasing exports and imports. A strong domestic currency will cause exports to decrease and imports to increase. As exchange rates decrease, exports rise and imports go down.
There is 1 question to complete.