What does a stronger U.S. dollar mean for the economy?
Payments
Asked by Question Bot06/Oct/20141 answer
1 Answer
F
Faisal Khan
Answered 06/Oct/2014
*Imports will be cheaper, and would most likely rise (you can now buy more on a per Dollar basis).
Exports will likely suffer and possibly decline, as your products are now more expensive for other countries to import.
*assumption being you are talking about the US.
Exports will likely suffer and possibly decline, as your products are now more expensive for other countries to import.
*assumption being you are talking about the US.