How will a high trade deficit affect the value of a nations

Reference no: EM13569976

How will a high trade deficit affect the value of a nations currency?If the dollar depreciates and the Euro appreciates.Explain how the actions of speculators can affect the value of a country's currency.Given their current level of resources, Costa Rica can produce 20 tons of fish a week and 10 tons of rice a week. Give their resources,Columbia can produce 50 tons of fish a week and 50 tons of rice a week?

Reference no: EM13569976

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