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[Related to the Chapter Opener] In late 2019, before the Covid-19 pandemic began to significantly affect the global economy, an article in the Wall Street
[Related to the Chapter Opener] In late 2019, before the Covid-19 pandemic began to significantly affect the global economy, an article in the Wall Street Journal noted that: "Coca-Cola is . . . suffering a drag from the strong dollar . . . . This helps explain why Coca-Cola, with a more global business than that of rival PepsiCo, has underperformed lately." What does the article mean by a "strong dollar"? Part 2 That the indirect exchange rate for the dollar (foreign currency per dollar) is
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