Explain in details:   1. How can a shortage of US currency (FX) in a developing country increased import costs and reduce exportation ?

Economics Today and Tomorrow, Student Edition
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ISBN:9780078747663
Author:McGraw-Hill
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Chapter19: Economic Growth In Developing Nations
Section19.2: The Process Of Economic Development
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Explain in details:

 

1. How can a shortage of US currency (FX) in a developing country increased import costs and reduce exportation ?

 

2. How can a shortage of US currency (FX) in a developing country lead to higher inflation ?

 

3.How can a shortage of US currency (FX) in a developing country Economic slowdown?

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