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I imagine it would be better for an economy that does huge amounts of exporting compared to importing (like China). Europe does a ton of importing so that side
by thehappypm 4y ago
I imagine it would be better for an economy that does huge amounts of exporting compared to importing (like China). Europe does a ton of importing so that side of it sucks.
- lkrubner 4y agoA currency depreciation naturally leads to a reduction in imports, since the imports become more expensive.
- thehappypm 4y agoBut it’s also a problem when your export to rely on imports