What does foreign exchange value determines


Problem

What does foreign exchange value determines. The currency value of North korea is better than currency value of South korea. depite south Korea is centuries ahead of North korea. does the foreign currency value shows that once country is ahead of other or not? the currency value of bangladesh is higher than Pakistan ? does this whow bangladeshi economy is better than Pakistani economy?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What does foreign exchange value determines
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