1. A cheaper baht allows companies to cut prices overseas of products made in Thailand. 2. The prospect of the cheaper baht has lured investors seeking to profit by betting on its decline. 3. While a cheaper baht makes exports cheaper, it raises import prices. 4. While a cheaper baht makes exports cheaper in overseas markets, it raises import prices. 5. While a cheaper baht would make Thai exports cheaper, it would also make it more expensive to repay dollar-denominated debts. 6. A cheaper baht makes Thai products cheaper overseas. 7. However, the Industry Ministry appeared to lean towards the farmers, who argued that with the cheaper baht they were facing rising costs of pesticide and transportation. 8. The cheaper baht has, however, given new life to many exports that had become uncompetitive. 9. The cheaper baht, however, attracted direct foreign investment that transformed the country into a manufacturing center and powered double digit growth rates. |