More than the above effects as a major scenario; when the currency get depreciate it will directly adverse to the balance trade account, because when discourage export of goods and services at a low income for exports, imports and when it take more place have to spend more for imports. Therefore trade balance gets worse to the balance trade. It proves that there is a strong bond between foreign currency and balance trade.
And also, the depreciation of the LKR has affected the balance sheets of domestic companies, because liabilities are denominated in foreign currency while assets are in local currency.
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........... More than the above effects as a major scenario; when the currency getting depreciate it will directly adverse to the balance trade account; how, when exporting goods and services at a low income exports may discourage, so more have to spend more for imports. Therefore trade balance gets worse to the balance trade account. It proves that there is a strong bond between foreign currency
More than the above effects as a major scenario; when the currency getting depreciate it will directly adverse to the balance trade account; how, when exporting goods and services at a low income exports may discourage, so m
I wrote as "More than the above effects as a major scenario", because in my article there are more points above this paragraph. When the currency depreciating it causes to the balance trade account directly. How it happen is, when
Please teacher correct these two sentences.. I wrote as "More than the above effects as a major scenario", because in my article there are more points above this paragraph. When the currency depreciating it causes to the balance trade account directly. How it happen is, when we export goods and services at a low income our exports may get discourage. So th
More than the above effects as a major scenario As well as the effects noted above, when the currency depreciating it causes to the balance trade account directly. when the currency depreciates it directly affects the balance of trade. How it happen is, when we export go