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What does a stronger U.S. dollar mean for the economy?

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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.