Appreciation of the dollar's exchange value worsens the international competitiveness of Boeing Inc., whereas a dollar depreciation improves its international competitiveness.

Question

Quizplus · Accepted Answer

Appreciation of the dollar makes Boeing's exports more expensive in foreign markets, worsening its international competitiveness. A depreciation of the dollar makes Boeing's exports less expensive in foreign markets, improving its international competitiveness.

Appreciation of the Dollar's Exchange Value Worsens the International Competitiveness