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Exchange Rates: The price at which currency can be bought and sold

Exchange Rates: The price at which currency can be bought and sold. ‘Strong’ vs. ‘Weak’ Currency. Weak Dollar . Strong Dollar. Depreciated Value (foreign currency more valuable) Exports cheaper abroad (Balance of Trade improves) Imports more expensive. Appreciate Value

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Exchange Rates: The price at which currency can be bought and sold

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  1. Exchange Rates:The price at which currency can be bought and sold ‘Strong’ vs. ‘Weak’ Currency

  2. Weak Dollar Strong Dollar Depreciated Value (foreign currency more valuable) Exports cheaper abroad (Balance of Trade improves) Imports more expensive Appreciate Value Exports expensive to foreign countries (who does that hurt?) Imports are cheaper (Trade Deficit)

  3. US Balance of Trade; 1997-2004

  4. US Balance of Payments; 2001

  5. Exchange Rates: The price at which currency can be bought and slod Which is strongest?

  6. When was the US $ stronger?

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