Google Answers: increase in value affecting the economy

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Q: increase in value affecting the economy ( No Answer, 1 Comment )

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Subject: increase in value affecting the economy
Category: Miscellaneous
Asked by: anthony2005-ga
List Price: $5.50

Posted: 22 Mar 2005 10:58 PST
Expires: 21 Apr 2005 11:58 PDT
Question ID: 498660

If the economy of Jordan increases the value of its currency how does
that action affect the rest of its economy?

Answer

There is no answer at this time.

Comments

Subject: Re: increase in value affecting the economy
From: neilzero-ga on 24 Mar 2005 14:13 PST

Some countries (perhaps not Jordon) have several exchange rates for
conversion to USA, Euro etc. Increased rates mean people in Jordon can
buy more imported stuff, and perhaps more local stuff as exports from
Jorden will decrease because Jordon prices will be less competitive on
the world market.   Neil

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