As foreign exchange rates fall,importers based in the United States will lose and exporters will gain.

Question

Quizplus · Accepted Answer

When foreign exchange rates fall, it means that the U.S. dollar is strengthening against foreign currencies. This scenario makes imported goods cheaper for U.S. importers, benefiting them. Conversely, U.S. exporters may find it harder to sell their goods abroad as their products become more expensive in foreign markets, potentially losing competitive edge.

As Foreign Exchange Rates Fall,importers Based in the United States