Ask Question
19 September, 06:47

Which factor plays a role in relationship in establishing value of country's currency

+2
Answers (1)
  1. 19 September, 07:12
    0
    supply and demand

    Explanation:

    If the country produce high quality products that massively demanded by citizens in other country, there will be more currencies that needed for that transaction. When this occurs, the currency of the producer country will increase in value relative to the countries who imported the products. (and vice versa)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which factor plays a role in relationship in establishing value of country's currency ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers