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Drag the tiles to the correct boxes to complete the pairs.
Match each cause with the effect it has on an economy.
higher interest rates in a country
lower currency value
higher currency value
more people adopting foreign clothing styles


Sagot :

Final answer:

Higher interest rates can impact borrowing and investments, lower currency values benefit exports, and higher currency values can lower inflation rates.


Explanation:

Higher interest rates in a country: This can lead to a decrease in borrowing and investments, slowing down economic growth.

Lower currency value: A decrease in the value of a country's currency can boost exports by making them cheaper for foreign buyers.

Higher currency value: An increase in a currency's value can make imports cheaper, which can lead to lower inflation rates.


Learn more about Effects of interest rates and currency values on an economy here:

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