Question

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V to do
Why does it become difficult for businesses to export their products if the currency of their country is strong? If a country has a strong currency.
then importers would have to spend more money to buy the exporter nation's currency. The importers would thus be reluctant
business with these exporters. To hold on to the business deal, the exporters would then have to reduce the price of the product leading to a
lower profit V

Answer 1

When a country has a strong currency, it becomes difficult for businesses to export their products due to higher costs for importers and the need to reduce prices to maintain business deals.

Step-by-step explanation:

When a country has a strong currency, it means that the value of its currency is higher compared to other currencies. This can make it difficult for businesses in that country to export their products because importers would have to spend more money to buy the exporter nation's currency. As a result, importers may be hesitant to do business with these exporters.

To maintain their business deals, exporters may have to reduce the price of their products to make them more affordable for importers. This can lead to lower profits for the exporters.

Learn more about Currency strength and its impact on business exports