Exporters benefit when the currency in the country in which they operate depreciates.

Name: Exporters benefit when the currency in the country in which they operate depreciates.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

When the currency of the country in which an exporter operates depreciates, the exports become less expensive for foreign buyers, which can increase demand and ultimately lead to increased revenue and profits for the exporter.

Exporters Benefit When the Currency in the Country in Which