QUESTION 23 A stronger U.S. dollar: is good for U.S. importers and U.S. exporters Is good...

Question

Question

QUESTION 23 A stronger U.S. dollar: is good for U.S. importers and U.S. exporters Is good for U.S. importers, but not good fo

business finance

Answer 1

Answer #1

is good for U.S importers, but not good for U.S exporters

When the U.S dollar appreciates, the U.S goods become expensive for foreingers. This will lead a decrease in exports.

When the U.S dollar appreciates, the foreign goods become cheaper for American importers. Their cost will go down.

Answer 2

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