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Abstract
This annotation focuses on the impact of changes in the currency rate on the competitiveness of local manufacturing enterprises. The assessment considers various factors that affect the competitiveness of local manufacturers, including the cost of inputs, export competitiveness, import competition, and foreign investment. The analysis highlights that changes in exchange rates can have significant implications for local manufacturers, and a comprehensive assessment must take into account the interactions between various factors. This annotation provides a useful reference for policymakers, researchers, and business owners seeking to understand the impact of changes in exchange rates on the competitiveness of local manufacturing enterprises. It underscores the need for a nuanced analysis that considers the specific characteristics of the manufacturing industry, the type of inputs used, and the level of import and export, among other factors.
References
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