Dymphna Boholt Explains the Relationship Between Relative Cost Structure and Business Growth Rate
The physical law that states for every action there is an equal and opposite reaction can be applied to any number of realms beyond physics, and surely most economists would agree that the physical law is aptly applied to the world economy, international trade and currency movements. As Dymphna Boholt explains, there is a ripple effect that has an impact far and wide, with changes in currency valuation abroad affecting small businesses at home. In Australia, Boholt notes, the strength…