Question

What is meant by the "strengthening or weakening of the nations currency"? How is this done?

Answer 1

Ans. Strengthening

strengthening of currency means increase in value of currency i.e. more of goods of other countries can be purchased from same amount of currency.

   Weakening

Weakening of currency menas DEPRECIATION of currency i.e less of goods of other countries can be purchased from same amount of currency.

strengthening and weakening of currency is carried on by the maeket forces of demand and supply of products in the international market