In late 2014 and 2015 the value of the U.S.dollar increased relative to the currencies of most of its major trading partners.This rise in the price of the dollar against the other currencies was ________ for companies that exported to the United States and ________ for U.S.companies that exported to other countries.
A)good;good
B)bad;good
C)good;bad
D)bad;bad

Question

Quizplus · Accepted Answer

The rise in the price of the dollar against other currencies was good for companies that exported to the United States as it made their products relatively cheaper for U.S consumers to buy. However, it was bad for U.S companies that exported to other countries as their products became relatively more expensive for foreign buyers.

In Late 2014 and 2015 the Value of the U