Which affects GDP First, Exchange Rates or FDI? Many people have argued which comes first, FDI or Exchange rates. This is very important to countries because it could allow them to know which is more likely to affect their GDP first and possibly take counter measures to make sure these affects are managed properly.
Robinson, Nicolas and Davidsson, Michael, "Which Affects GDP More: Exchange Rates or FDI" (2018). Paper Presentations. 15.