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Exchange Rates: Strong Dollar or Weak Dollar? Directions: Read the article and answer the guiding questions below in the space provided. For each of the
Exchange Rates: Strong Dollar or Weak Dollar? Directions: Read the article and answer the guiding questions below in the space provided. For each of the following scenarios, determine whether you would prefer for the dollar to appreciate or depreciate relative to the euro. 1. You are planning a trip to Italy 2. You are a U.S. businessperson whose chief competitor is a French firm. 3. Your job depends on European tourists visiting the United States. 4. Your factory relies on parts imported from Germany. Assume the U. S. dollar has strengthened relative to the euro. Identify whether the underlined person benefits or is hurt as a result of the change. 5. A French tourist plans to visit New York City 6. An American tourist plans to visit Paris. 7. An American car producer competes with German cars. 8. A German car producer competes with American cars. 9. A German firm is investing in U.S.-produced machinery. 10. An American firm is investing in German-made machinery
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