Suppose a country has inflation.The prices of goods made in the country also rise in the world markets.

Question

Quizplus · Accepted Answer

If a country has inflation, the prices of goods made in the country are also likely to rise, which can result in higher prices for those goods in world markets as well. This is because the cost of production has increased, so the price at which the goods can be sold also increases to maintain profit margins.

Suppose a Country Has Inflation