state the term fall in the exchange rate a fall, Macroeconomics

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state the term fall in the exchange rate a fall

state the term fall in the exchange rate

A fall in the exchange rate must make UK exports price competitive in international markets and increase demand for them. This should decrease unemployment. Though the fall in value of the currency will raise the price of imports that will lead to import-cost-push inflation in UK.

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Macroeconomics: state the term fall in the exchange rate a fall

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