Thailand is a net-importer. This means that they import more than they export. How does this affect the value of their currency with respect to foreign exchange? a. their currency will not be affected b. their currency will become strong c. their currency will become weak d. None of these

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter29: Exchange Rates And International Capital Flows
Section: Chapter Questions
Problem 16RQ: Does a higher rate of return in a nations economy, all other things being equal, affect the exchange...
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40.

Thailand is a net-importer. This means that they import more than they export. How does this affect the value of their currency with respect to foreign exchange?

a.
their currency will not be affected

b.
their currency will become strong

c.
their currency will become weak

d.
None of these

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