Explain stronger dollar in the foreign exchange market, Financial Management

What kinds of U.S. companies would benefit most from a stronger dollar in the foreign exchange market?  Explain.

U.S. companies that import merchandise from other countries would benefit from a stronger dollar.  Additional units of a foreign currency could be buying for a given number of dollars.  Other things equal this would lesser the cost of foreign goods for the U.S. importer.

 

Posted Date: 6/18/2013 6:08:06 AM | Location : United States







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