3 years ago

A weaker dollar benefits ---------- and hurts-----------

Business

1 answer:

m_a_m_a [10]3 years ago

8 0

Answer:

A weaker dollar benefits EXPORTERS and hurts IMPORTERS.

Explanation:

A weaker dollar means that the dollar depreciated against foreign currencies, meaning that you need more dollars to purchase foreign currencies. This results in higher prices for imported goods. On the other hand, a weaker dollar helps exporters because it lowers the price of US products sold to foreign countries. As exports grow and imports decrease, the dollar starts to appreciate again.

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