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Economics
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10 Dec 2018

Who benefits from a strong dollar relative to other currencies? Who suffers from a strong dollar? How does the strength of the dollar affect our trade deficit?

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Nelly Stracke
Nelly StrackeLv2
12 Dec 2018
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Related questions

Recently U.S. dollar has been very strong relative to the major currencies. Do you like it? How could a strong dollar affect U.S. firms?

i. If one U.S. dollar can purchase 105.8 Japanese yen, how many dollars would one Japanese yen purchase? If one euro will purchase $1.32, how many euros will one U.S. dollar purchase?

ii. Explain the relationship between the strength of the U.S. dollar and the rise or fall in exports and imports? If the U.S. dollar is strong relative to other currencies, would you expect the U.S. to run a current account deficit or surplus?

What is happening to the value of the U.S. dollar these days? What causes the value of the U.S. dollar to rise or fall? Who demandsU.S. dollar? Who supplies U.S. dollar? When we purchase German products, does our demand for euro go up or down? What are freely floating exchange rates all about, and how do they work? How can the falling U.S. dollar impact your travel expenses? Why would a cheap dollar relative to other nations' currencies be good or bad for U.S. trade?

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