Description
Assessing the Influence of Currency Fluctuations on International Trade: A Comparative Mixed-Methods Study
Abstract
The currency fluctuations have a great impact on international trade by influencing the price values of imports and exports. The currency fluctuations are explained as the variation between the value of a particular nation’s currency at the international market. The variation in currency has a significant impact on the investments, trades, and global economy. The exchange rate is useful for measuring the value of the currency with respect to another currency value. The exchange rate increases the value of the specific country’s currency based on its economic conditions and international standards. However the currency exchange rate has a great impact on the trade value of the country on the international market. This study explains the impact of exchange rate fluctuations on international trade with the help of mixed methodology.
The currency fluctuations mainly occurred due to geopolitical events, market speculations, and economic indicators. The changes in the currency value have greatly impacted various aspects such as profit margins and the value of goods. The research focuses on extracting comprehensive data for the currency fluctuations impact on international trade using mixed methodology. The qualitative analysis uses the data of interviews with economists, international trade experts, and business professionals to understand exchange rate fluctuations. Moreover the quantitative analysis uses historic data for analyzing the impact of currency fluctuations on economic conditions and market value. Basically it explains the trends and changes in the international market with the changes in the currency exchange rate.
The international market trade is influenced by global economic conditions, investor sentiment, supply and demand dynamics. Moreover the research findings help in understanding the influence of exchange rate fluctuations on international trade and goods value. The study combines the knowledge and insights for both analysis for providing a comprehensive insight regarding currency fluctuations. It helps the business organizations in gaining insights regarding the value of trends and changes in the international market. Finally the study helps investors and business experts in understanding the influence of currency exchange rates on the international market.
Read more about the topic
Currency fluctuations and its impact on international business
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