The less a foreign currency costs in U.S. dollars, the less expensive that nation's products are when imported and offered to U.S. buyers regardless of their cost in the country of origin.

Question

Quizplus · Accepted Answer

When a foreign currency costs less in U.S. dollars, it means that the U.S. dollar is stronger compared to that currency. This makes the products from that country cheaper when imported and offered to U.S. buyers. Even if the cost of goods remains the same in the country of origin, the exchange rate makes them more affordable for U.S. consumers.

The Less a Foreign Currency Costs in U