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currency is a good thing because each country has their own personal money system and if everything was changed to dollars there would be lots of arguments
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∙ 15y ago
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When the value of a country's currency goes up compared to another country's currency that is considered a?
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
What the consequences for an economy if its currency was gaining strength?
There are two major consequences of this. First, the people in that economy will be able to buy imports more cheaply. Their currency will be worth more of other currencies than it once was so ever dollar (or whatever currency) they make can buy more goods and services from other countries. Second, firms in that economy will not be as able to export as they were before. Foreign currencies will not buy as many of the goods and services these firms provide. This will make it harder for them to sell their products abroad. In these ways, a strong currency is both a good and a bad thing for an economy.
Why is rationing bad?
Rationing is not bad in itself, in fact it is a good thing when necessary. It conserves resources and helps to ensure all get a fair share of what is available.
Is there a three dollar bill currency?
No, there is not such thing as a $3 bill.
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dudee what kinda q is datt mayn
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It really doesn't show any good signs.
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A positive thing is good and a negative thing is bad .
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good thing
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what is the good thing anout polio? and what is the bad thing? what is the good thing anout polio? and what is the bad thing?
Is confirmation a good or bad thing?
It is a good thing.
Is the gilded age a good thing?
it is a good thing and a bad thing
Is Google android a good thing or a bad thing?
Its actually a good thing not a bad thing. thanks for the question I had funcaanswering that question.
Is agriculture a good or bad thing?
Agriculture is a good thing.
Is conservation a good or bad thing?
Conservation is a good thing.
Is yappy a good or a bad thing?
very good thing
