Question: I just need the supply and demand graph for this problem, i do not understand. 15) Why do you think most crises in countries cause
I just need the supply and demand graph for this problem, i do not understand.
15) Why do you think most crises in countries cause the local currency to weaken abruptly? Is it because of trade or capital flows? Answer: In today's economy countries rely on each other to provide necessary goods and services to sustain their living cohditions. Due to this, if one country defaults on a trade agreement the other country is affected also. Therefore, trade is the motivating factor for why local currency weakens abruptly. Supply and Demand Graph: 15) Why do you think most crises in countries cause the local currency to weaken abruptly? Is it because of trade or capital flows? Answer: In today's economy countries rely on each other to provide necessary goods and services to sustain their living cohditions. Due to this, if one country defaults on a trade agreement the other country is affected also. Therefore, trade is the motivating factor for why local currency weakens abruptly. Supply and Demand Graph
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