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In early 2021 as the value of the dollar strengthened, an article on bloomberg.com noted that a stronger U.S. dollar would hurt the earnings of
In early 2021 as the value of the dollar strengthened, an article on bloomberg.com noted that a stronger U.S. dollar would "hurt the earnings of America's multinational companies." Source: Saleha Mohsin, "The Strong Dollar," bloomberg.com, Janaury 21, 2021. a. Does a strong dollar exchange for more or fewer units of foreign currency than would a weak dollar? A strong dollar will exchange for units of a foreign currency
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