A country eliminates all tariffs. Would you expect that the value of its currency to rise or fall? Explain your answer.© BrainMass Inc. brainmass.com August 15, 2018, 1:02 am ad1c9bdddf
Eliminating tariffs on imports would reduce their cost to consumers, and cause demand imports to increase. When the country imports goods, it must sell its currency in ...
The currency values and tariffs are determined.