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.
Math
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
Current Price;
£6.4 = (0.64 GBP/1 USD) x $10
Weaker Dollar;
£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.
Current Price;
$15.63 = (0.64 GBP/1 USD) x £10
Weaker Dollar;
$18.52 = (0.54 GBP/1 USD) x £10
Therefore US imports would decrease due to a weaker exchange.
MNC boosts the economy by being contributors of taxes that uplift a country's economy. These multinational companies provide jobs thus reduce unemployment rate, too.
It boosts the economy of your country because people will buy things from it instead of foreign countries.
Business help the economy by generating revenue. There is also creation of employment which means that more people are able to get an income which boosts the economy.
It is the process of starting a business or other organization. Its importance in India is that it boosts the economy since most people have their own businesses.
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.
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
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You can activate the suspension boosts in gta San Andrea by using the cheat codes.
no but you can get boosts etc
It boosts the ecomnomy
It boosts your metabolism.
You have to garden to get laff boosts. 10 flowers is 1 laff boost. You can earn up to 4 laff boosts because you can only go up to 40 different flowers. Note this will take 4 months or more to max gardening.