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How do changes in exchange rates impact international trade?a)Changes in exchange rates have no impact on international trade.b)Appreciation of a countrys currency makes its exports more expensive and imports cheaper.c)Depreciation of a countrys currency makes its exports more expensive and imports cheaper.d)Changes in exchange rates only affect domestic trade, not international trade.Correct answer is option 'C'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about How do changes in exchange rates impact international trade?a)Changes in exchange rates have no impact on international trade.b)Appreciation of a countrys currency makes its exports more expensive and imports cheaper.c)Depreciation of a countrys currency makes its exports more expensive and imports cheaper.d)Changes in exchange rates only affect domestic trade, not international trade.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How do changes in exchange rates impact international trade?a)Changes in exchange rates have no impact on international trade.b)Appreciation of a countrys currency makes its exports more expensive and imports cheaper.c)Depreciation of a countrys currency makes its exports more expensive and imports cheaper.d)Changes in exchange rates only affect domestic trade, not international trade.Correct answer is option 'C'. Can you explain this answer?.

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