Stronger dollar in the foreign exchange market

What kinds of U.S. companies would benefit most from a stronger dollar in the foreign exchange market?

E

Expert

Verified

U.S. companies that import goods from other countries would benefit from a stronger dollar.  More units of a foreign currency could be purchased for a given number of dollars.  Other things equal, this would lower the cost of foreign goods for the U.S. importer.

   Related Questions in Financial Management

©TutorsGlobe All rights reserved 2022-2023.