Can You pease explain The Impact on Imports and Exports Prices Due to Inflation and deflation? With a countrys example.
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Impact on Imports and Exports Prices Due to Inflation and Deflation
10y ago#1If 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.
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