Ask Question
21 March, 06:11

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

+4
Answers (1)
  1. 21 March, 06:27
    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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers