Fair and Events > Textile science, events, trade and issues

Weaker Currency vs Stronger Currency (trade issues)

(1/2) > >>

AAA:
Benefits from Weaker Currency:
-tourists who want to visit the country of weaker currency
-business related tourists are benefited such as restaurants, hotels, shops where tourists go to buy. Higher sales more benefits
-exporters of that country who exports their less expensive items or products to overseas markets.
-the weaker currency has a positive impact on GDP. International trade represents a position of GDP

Hunted by Weaker Currency:
-Domestic consumers are paying substantially more for imported goods
-tourists of that country whose weaker currency
-Importers
-who do outward trade (OWT) processing
-Inflation may rise and therefore the interest of a the country
-the country image face danger in respect to FDI and others.

-

Mostafa Zaman:
This is a very nice posting and has a very important message behind this one.....

sonia_tex:
nice post..

Suha:
Excellent post.

bcdas:
Thanks Apu sir for thinking of our economy as well as social development

Navigation

[0] Message Index

[#] Next page