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Merrill Lynch quarterly review is just released. According to their review the dollar is presently strong and is expected to weaken over time. Assuming everything

Merrill Lynch quarterly review is just released. According to their review the dollar is presently strong and is expected to weaken over time. Assuming everything else constant, how will these expectations affect the tendency of U.S. investors to invest in foreign securities? How will these expectations affect the tendency of foreign investors to invest in US securities? Please elaborate.

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