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Currency Values and Tariffs

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A country eliminates all tariffs. Would you expect that the value of its currency to rise or fall? Explain your answer.

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https://brainmass.com/economics/microeconomics/currency-values-tariffs-171865

Solution Preview

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 ...

Solution Summary

The currency values and tariffs are determined.

$2.19