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Title: Foreign Exchange market
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Business |
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| Date: |
July 24, 2004 |
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| Length: |
4 / 1100 |
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Essay text:
If the economy weakens so will the value of the currency which drives up the price of buying in a foreign market and this can have the same effect on the consumers who pay the price with higher costs of living. This can work vice versa for foreign countries that import from the U... Showed first 250 characters
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This can work vice versa for foreign countries that import from the U.S. A weaker dollar will give those other countries greater buying power to import goods.
The exchange rate can go up and down effecting buying and selling in different ways. It can help some countries and hurt others... Showed next 250 characters
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