Explain two monetary effects for balance of payment


Question:

International trade is a complex area of study. Effects of policies, currencies, tariffs, trading arrangement, and other variables not only impact a country but a region and the global economy. Examine the monetary aspects of international trade. Explain two monetary effects for balance of payment, foreign exchange, and exchange rate determination.international trade is a complex area of study. Effects of policies, currencies, tariffs, trading arrangement, and other variables not only impact a country but a region and the global economy. Examine the monetary aspects of international trade. Explain two monetary effects for balance of payment, foreign exchange, and exchange rate determination.

the format is needed in writng is APA style and it is more that 300 words.

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Microeconomics: Explain two monetary effects for balance of payment
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