WHAT HAPPENS WHEN THE ECONOMY’S CURRENCY GAINS STRENGTH WITH ITS FOREIGN TRADING PARTNERS?

will it be bad or good

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I didn't do it! June 9, 2010 at 1:50 am

Imports getting cheaper, exports getting more expensive. The net effect is that the trade balance (exports minus imports) deteriorates, which has a negative impact on GDP growth. In short: bad.

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