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If you are a Pom and the pound is weak you have to pay more to get the overseas money you need topurchase imports. However if you make a product that you export you will end up with more pounds then you would have had the pound been Strong. this can be an advantage if most of your expenses are the result of local product and there is little inflation you end up getting more local money to spend, on the other hand it can also be a bit of a disaster if the product you produce is made from imported components.

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16y ago

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