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Posted by on Wednesday, November 25, 2009 at 1:39pm.

Can someone tell me if I have this right, or backwards??
When the US dollar depreciates foreign goods, assets, and services are more expensive and when the US dollar appreciates they are cheaper.
Thanks

  • Economics - , Thursday, November 26, 2009 at 12:40pm

    Right. A devalued dollar means our exports to foreign counties decreases in price. But our imports from foreign countries imcrease in price.

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