improvement in exchange rate if the country's currency does not necessarily mean improvement in bop status of the country as it may cause deficit equilibrium .exports may decrease nd imports increase.how?please explain this
Dear Student,
Bop includes exports and imports . The no. of exports and imports done by a country has no effect from the improvement in exchange rate.
Regards
Bop includes exports and imports . The no. of exports and imports done by a country has no effect from the improvement in exchange rate.
Regards