Currency exchange rates in markets.

Currency exchange rates in markets.

Write a 2-page paper describing how currency exchange rates are determined
> in markets.
>
> Exemplify how it occurs by showing it in graphical form.
>
> How does a country’s balance of trade coincide with its exchange rate with
> another country?
> *Must be in APA format. No plagiarism, no cut and paste off internet.  *
>

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Exchange rate refers to the price at which one national money can be exchanged for another, when the transaction are permitted (Krueger, 1983). It is in essence a determinant and also an indicator of a national economy with regards to its global positioning. In general, a higher currency value in one country makes the exports of the country more expensive, while the costs of imports are reduced. A country whose currency is constantly rising can be speculated to be doing well economically whereas a country whose currency…………….

APA

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