When U.S.currency appreciates against other currencies,U.S.goods can be less expensive to consumers in foreign countries.

Question

Quizplus · Accepted Answer

Even a small change in the exchange rate can result in a significant difference in the cost of production or net profit when doing business overseas. When the U.S. dollar appreciates against other currencies, for example, U.S. goods can be more expensive to consumers in foreign countries.

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