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The pandemic of covid 19 has affected the world's economies due to lockdowns in order to limit the spread of the virus where by shutting down productivity but in some countries where they have affected with trade imbalances, it was exacerbate because there was little foreign exchange into their economies.
added by Anonymous 991 days ago 0    0

Many countries are poor during this crisis. People are not working, there's no tourism and every sources of money are closed.
added by Anonymous 1207 days ago 2    0

Foreign Exchange Market crisis - Countries are crying out.
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Earning foreign exchange is a cardinal objective of progressive countries. This is a major reason why there has been a clarrion call on countries, that they should partake in economic activities that will produce comparative advantages. Some countries have much of exportable produce than others. If a country is ready for massive Gross Domestic Products, coupled with a burning desire to earn foreign exchange, then, it should devote more time and skill to produce those products that they have comparative advantages, and which are exportable. However, the Covid 19 Pandemic is a killer of progress, this is the reason there is foreign exchange crisis.

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