In late September of 2008 , the US dollar rapidly gained 2025% against most other...
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In late September of 2008 , the US dollar rapidly gained 2025% against most other major currencies. The increased exchange rate (US dollar becoming more expensive) was likely to: make exporting from the US less profitable increase FDI in the US make importing into the US less profitable create more manufacturing jobs in the US make it harder ("more expensive") for Americans to shop overseas
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