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The lower demand for U.S dollars affects the value of the U.S dollars in more ways than one. When researching about the affects it can
The lower demand for U.S dollars affects the value of the U.S dollars in more ways than one. When researching about the affects it can have you are going to find that it may have good and bad affects. Overall, this is good for the business that want to sell abroad. As Investopedia states, "Many investors believe that a decline in the value of the U.S. dollar is a bad thing, but the other side of the equation is that a weak dollar presents several profit opportunities." When there is a very low demand for the U.S dollar it is going to lessen the value right away. However when talking about businesses that sell abroad this is a positive because it makes their products way more reasonably priced to consumers overseas. The businesses are going to see a boost in sales and income. An example of how changing currency affects daily lives we can look at Argentina. Argentina recently won the world cup in 2022 which is the biggest soccer event in the world, almost everyone knows about it and it attracts millions of fans. Over the years, the currency has decreased and the country has had to deal with
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