Explain in details:   1. How can a shortage of US currency (FX) in a developing country increased import costs and reduce exportation ?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter32: Macroeconomic Policy Around The World
Section: Chapter Questions
Problem 3SCQ: Create a table that identifies the macroeconomic policies for a high-income country, a middle-income...
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Explain in details:

 

1. How can a shortage of US currency (FX) in a developing country increased import costs and reduce exportation ?

 

2. How can a shortage of US currency (FX) in a developing country lead to higher inflation ?

 

3.How can a shortage of US currency (FX) in a developing country Economic slowdown?

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