163 | How Pakistan Can Increase Its Export? Ft. Gonzalo Varela
Thought Behind Things
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Is the Exchange Rate a Good Thing for Growth?
Depreciation of t exchange rate is going to be, in the long term, good for growth. Countries that have a relatively depreciated currency typically are going to end up growing faster than developing countries. Exports increase as more resources can be located into tradable sectors and export sector expands; consumption shrinks. It its itens to be good news for forria. Justto just sort of ort put ther recorders my understanding.
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