If you consider selling the product for a fixed domestic price (eg $100), the foreign price will be lower and attract additional sales, boosting export revenues.
If you keep the foreign price fixed, then the product isn't any more competitive, but your take in domestic currency is greater (eg $120).
A stronger currency has precisely the opposite effect, which is why you often hear exporters complaining about the strength of the currency.
But while this seems straightforward, you can't say what is "good" or "bad" without also considering the effects on imports, as a weaker currency makes importing goods more expensive, contributes to inflation, and makes any foreign debt repayments more of a burden. A strong currency does the opposite.
A stable currency is generally good for trade, as it makes business more predictable, reduces risks and means that consumer prices can be kept stable.
Let's use the USD and GBP as an example. The 1 USD = 0.64 GBP, which means the USD is weaker than the GBP. Due to the law of one price, a unit that cost 1 USD will cost 0.64 in GBP.
British Price = (GBP/USD) x US Price + Transportation Cost
£6.4 = (0.64 GBP/1 USD) x $10
£5.4 = (0.54 GBP/1 USD) x $10
Therefore US exports increase due to a weaker exchange.
You could also flip it around to figure out the impact on US imports.
$15.63 = (0.64 GBP/1 USD) x £10
$18.52 = (0.54 GBP/1 USD) x £10
Therefore US imports would decrease due to a weaker exchange.
It boosts the economy of your country because people will buy things from it instead of foreign countries.
Tourism boosts the economy of Barbados much like it boosts the economy of any other country by providing employment and foreign exchange. However, the argument has been that Barbados is too dependent on tourism and need to look at other non- tourism related foreign exchange earnings. kissbarbados
Insurance plays a very significant role in the economic development of Nigeria. With the insurance covers, more people are able to take the risk on investment which greatly boosts the economy.
Stopping inflation can be done by raising taxes and interest rates. This restricts consumer spending. Inflation initially is caused by excess consumer spending, when there's too much money in circulation, causing the currency to devalue and prices to increase, because prices rise in order to compensate for the excess money. Governments could halting production of money in the economy because, obviously, inflation is caused by too much money. Reducing production means the currency is able to strengthen (not a lot, but still), hence reducing inflation. Another way is Quantitative easing - injecting more money into the economy. While this sounds contradictory, every country needs economic growth and this will only happen when there is consumer spending. Quantitative easing boosts consumer spending prompting the economy to grow, although it's hit and miss.
Tourism is a very important sector in Mauritius. Tourism generates a lot of jobs, both direct and indirect, to the local people. This helps people to enjoy a higher standard of living and also to satisfy their needs and wants. All the businesses in this sector such as hotels, nightclubs, restaurants, operators and others provide revenues to the government in form of taxes. Tourism also brings foreign currencies in the economy and this facilitates imports and exports. Due to the tourism sector, many multinationals are willing to invest in Mauritius, thus bringing additional capital in the local economy and creating more jobs. In these ways, tourism is very important for the local economy.
New Zealand's economy has received recent boosts from good weather combined with high prices for their exports. Good weather has also helped crops, which gave a boost to the economy.
here are some examples of items and they're boosts.Carbos boosts speed.Calcium boosts special.Protein boosts attack.Iron boosts defense.
There are three types of boosts you can get. One of them shows up in the game, while the others, you have to keep buying. You can have as many boosts as you can afford.
The Vitamins for Black (and White as well) include Calcium (boosts Special Attack by 10 EV's), Protein (boosts Attack by 10 EV's), Carbos (boosts Speed by 10 EV's), HP Up (boosts HP by 10 EV's), Iron (boosts Defense by 10 EV's), Zinc (boosts Special Defense by 10 EV's), PP Up (boosts a selected move's PP by 1), PP Max (boosts a selected move to its maximum amount of PP), and Rare Candies (boosts the level of a Pokemon by 1). Each can be found in multiple areas throughout the game.
Boosts are used automatically. If you have Hot Coffee boost and you attack a certain player, your Hot Coffee boost will automatically be used and same with other boosts. or you can use Mafia Bot to collect thousands of boosts for you...
It Boosts Speed
You can activate the suspension boosts in gta San Andrea by using the cheat codes.
It boosts your metabolism.
no but you can get boosts etc
It boosts the ecomnomy
Feel of slim and trim,Improves overall health,Boosts self confidence,Boosts self esteem, to get Wider choice of clothes.