QUESTION SIXTEEN Suppose you own a car assembly line in Zambia. The different parts of the car are imported from the Sou
Posted: Thu May 19, 2022 11:07 am
- Question Sixteen Suppose You Own A Car Assembly Line In Zambia The Different Parts Of The Car Are Imported From The Sou 1 (22.68 KiB) Viewed 82 times
QUESTION SIXTEEN Suppose you own a car assembly line in Zambia. The different parts of the car are imported from the South Africa and the assembled cars are exported back to the South Africa. a. What happens to the price of the imports when the Zambian Kwacha depreciates? b. Does your car become more or less attractive for South African consumers when the Zambian Kwacha depreciates? Explain. c. As a Zambian producer, do you think the depreciation of the kwacha is a good thing?