Question

What is the impact of the Swedish kronas movement on Sweden‘s(1) exports, (2) imports, (3) tourism, (4) debt, (5) capital investment, (6) production, and (7) corporate profits? Why?

Cite your sources.

Answer 1

Swedish krona movement is an currency movement which happen at early 80's . which created a great impact on various things.

Exports : Movement created a freeze of Sweden currency so that every single exports got stuck because of means of exchange

Import : as we discussed above in import too it created a impact like there is no means of exchange.

Tourism : the movement stopped cross border travellers from Sweden because of the currency devaluation. So that they can't convert their currency to Sweden currency.

Debt : This movement cause many of the businessman , common people of Sweden and government to be in an debt without any improvement.

Capital Investment: this created a lock in capital because of lack of currency and government cannot accept investment .

Production: this movement blocked all the manufacturing company from producing goods because of they can't gave wages to their employees.

Corporate profits : Eventhough the corporate has companies in multiple countries they can import and export goods or services in Sweden so that they locked because of Sweden krona movement.