Social Studies, 21.04.2021 01:30 IDONTHAVEABRAIN
Complete the following chart by circling or marking the correct response in the middle column.
Explain your answers in the right-hand column. The first appears for you.
You are a U. S. importer of oil from Nigeria. Do you prefer a strong or a weak U. S. dollar? Strong or Weak
Explanation -
A strong U. S. dollar means oil from a foreign country costs less for an American importer. More oil from Nigeria can be purchased for less American money. It means you can earn more profit when you sell the imported oil to Americans.
You are a U. S. exporter of airplanes. Your customers are mainly European airlines. Do you prefer a strong or a weak dollar?
Strong or Weak
Explain
Your friends in Brazil export Brazil nuts to U. S. importers. Do they prefer a strong or weak U. S. dollar for their business?
Strong or Weak
Explain
Answers: 1
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Complete the following chart by circling or marking the correct response in the middle column.
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