March 23, 2017

Post a New Question

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.

  • 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.

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question