The value of the US Dollar has decreased relative to our major trading partners by...
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Finance
The value of the US Dollar has decreased relative to our major trading partners by about 11% since March 15, 2020. Briefly explain the potential effect of this depreciation of the US Dollar on the competitive position and operating exposure for
a. Purely domestic firms in the US which compete with imports?
b. US firms which export their goods to our major trading partners?
c. Firms in our trading partner countries from whom we import goods into US?
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