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d. One of the distinguishing features of international finance is exchange rate. Would you prefer a...

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Finance

d. One of the distinguishing features of international financeis exchange rate. Would you prefer a weaker U.S. dollar or a strongU.S. dollar?

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Answer & Explanation Solved by verified expert
3.7 Ratings (471 Votes)
There are pros and cons to both scenarios A weaker US dollar helps exports by US firms because their products and services would be cheaper in the global markets However a weaker US dollar also means    See Answer
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