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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Impact on Imports and Exports Prices Due to Inflation and Deflation
Can You pease explain The Impact on Imports and Exports Prices Due to Inflation and deflation? With a countrys example.
If a country has high inflation, the price of goods there will increase. However, in theory, that country’s currency should decrease in value so that the price of exports in the buying country will remain the same.
Similarly with imports.
