Exchange rate between us dollars-malaysian ringgit increase

Assignment Help Microeconomics

Reference no: EM133441255 , Length: Words Count:300

Assignment:

Economics for Business

When the exchange rate between US dollars and Malaysian Ringgit increases, Malaysian goods will become relatively cheaper. By using this example, explain whether, in such a situation, more Malaysians will travel abroad OR more tourists will come to Malaysia.

Answer questions need 300 words.

Reference no: EM133441255

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