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U.S. consumer spending reached record highs in 2021 coming out from the covid-19 slump. It is expected that 15% of income is spent on imported
U.S. consumer spending reached record highs in 2021 coming out from the covid-19 slump. It is expected that 15% of income is spent on imported goods and services. How could this affect the exchange rate of the U.S. dollar against our major trading partners?
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