Asked by Katie
would US exports decrease because of an appreciated dollar, lower interest rates, or decreased foreign demand for dollars?
Answers
Answered by
Ms. Sue
An appreciated dollar means that American goods will cost more overseas. Lower interest rates make it easier for others to buy our products.
Answered by
Katie
so, exports would probably decrease with an appreciated dollar, since they would be more expensive overseas, right? Thanks!!!
Answered by
Ms. Sue
Right. The opposite is happening today because the value of the dollar is way down against major foreign currencies.
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