First, listen to this Planet Money Podcast https://www.npr.org/2022/10/21/1130640816/strong-dollar-us-latin-america-inflation-peso-mexico-argentina-chile (transcript is also available on the website). What did
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Question:
First, listen to this Planet Money Podcast
https://www.npr.org/2022/10/21/1130640816/strong-dollar-us-latin-america-inflation-peso-mexico-argentina-chile
(transcript is also available on the website).
What did you learn about a strong dollar and the ramifications for other countries? Imagine you are a US producer of exports (pick something). You might be a soybean farmer, a band manager for Coldplay, or a Key West hotel owner (tourism to the US is an EXPORT), for example. How does a strong dollar impact your chosen business?
Consider and discuss how a strong dollar impacts the product (and its supply chain) you are using for your final project.
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