When a currency appreciates, there are always groups, in each country, who benefit from a stronger currency. What two groups would benefit from the US dollar becoming stronger (appreciating). a. Foreign Importer b. American Exporter c. American Importer d. Foreign Exporter
When a currency appreciates, there are always groups, in each country, who benefit from a stronger currency. What two groups would benefit from the US dollar becoming stronger (appreciating). a. Foreign Importer b. American Exporter c. American Importer d. Foreign Exporter
Chapter4: Exchange Rate Determination
Section: Chapter Questions
Problem 2IEE
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When a currency appreciates, there are always groups, in each country, who benefit from a stronger currency. What two groups would benefit from the US dollar becoming stronger (appreciating).
a. Foreign Importer
b. American Exporter
c. American Importer
d. Foreign Exporter
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