A strong home currency can harm exports; exporters typically benefit from a weaker home country currency.

Question

Quizplus · Accepted Answer

A strong home currency can make a country's goods and services more expensive for foreign buyers, making exports less competitive and harmful for exporters. Therefore, exporters typically benefit from a weaker home country currency, which makes their goods and services cheaper for foreign buyers.

A Strong Home Currency Can Harm Exports; Exporters Typically Benefit