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In this journal entry, you will consider what effect exchange rates have on the business activity in a nation. You will have the opportunity to think about what happens to a country’s imports and exports when their currency appreciates or depreciates.
To complete this journal assignment, share whether you agree with the following statement and explain why or why not: “A strong dollar is not desirable to U.S. businesses, while it may be to businesses in other countries.”
Guidelines for Submission: Your journal entry should be up to two paragraphs in length.
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