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Answer to Question #49312 in Finance for Ehtesham

Question #49312
Is it good for the US economy that the price of the American dollar goes up in other countries?

Expert's answer
As United States has negative trade balance (imports exceeds exports) and receive a lot of investment from abroad, it is good for the US economy that the price of the American dollar goes up in other countries, because it pays comparatively low costs for imports and receives higher level of investment.

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