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    Current page location: Home > Answers > What is the impact of inflation on exports and imports?
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    Feifei Wang
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    What is the impact of inflation on exports and imports?

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    • Time:2018-10-18 16:04:58
    What is the impact of inflation on exports and imports?
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    Xu Guo
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    What is inflation? This is when you have to pay more for the same goods for which you were paying less.

    Exports : People abroad have to pay more for the goods which they were buying from your country. So your exports will decrease because people will try to look for aternatives for the same goods which they were buying from you.

    Imports : There might not be a direct impact on imports but there may be an indirect effect. Since prices have increased for most of the products people in your country might find importing the same products from outside cheaper.

    P.S Open for discussion though.

    #1Floor 2018-10-18 17:37:05 Reply(0)
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