Post a New Question

Economics

posted by .

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 -

    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
Your Answer

Related Questions

More Related Questions

Post a New Question