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exchange rate
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∙ 12y ago
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If the us dollar gains value against foreign currencies WILL the real GDP increase?
shifts left
What are the economic effects of a depreciation of the dollar on foreign exchange markets?
When the dollar depreciates (dollar price of foreign currencies rises), U.S. exports rise and U.S imports fall.
What is the meaning of cross currency?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
What is the current dollar foreign exchange rate?
Currencies always roll in pairs. To determine what is the rate of USD first you need to decide against which currency. For example: EUR/USD, USD/CAD etc'
Us dollar getting strong or weak against other currency?
It is getting weaker against other currencies
If the us dollar gains value against foreign currencies WILL the real GDP increase?
shifts left
What will happen to the value of the dollar (against foreign currencies) if the U.S. price level doubles?
The value will decrease by 50%.
What are the economic effects of a depreciation of the dollar on foreign exchange markets?
When the dollar depreciates (dollar price of foreign currencies rises), U.S. exports rise and U.S imports fall.
What is the meaning of The Crossing?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
What is the meaning of cross currency?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
What is the current dollar foreign exchange rate?
Currencies always roll in pairs. To determine what is the rate of USD first you need to decide against which currency. For example: EUR/USD, USD/CAD etc'
Can you give details of different currencies?
Different currencies are usually compared against the US dollar or the Euro in Europe. Each of these currencies has a different standard, and when comparing another currency to it, such as the British Pound, the exact value can be determined. All currencies have different values.
How did China and Japan manage to weaken their currencies against the dollar?
China and Japan manged to weaken their currencies compared to the American dollar by mass producing a number of objects and then continuing to sell them up until their output exceeded their input.
Us dollar getting strong or weak against other currency?
It is getting weaker against other currencies
What is the current dollar for foreign currency rate?
Against what currency?
Why dollar appreciates?
Overtime the US dollar does NOT appreciate. Most currencies lose their value over time. It is a totally normal and healthy process. Recently the US dollar has gained value relative to other currencies. This is due to the processes in the foreign exchange market and the recent liquidity crisis of the American dollar as the economy slows and money becomes "rarer".
What would an appreciating US dollar compared to the Euro do to US imports exports and GDP?
an appreciating US dollar relative to foreign currencies provides that more units of foreign currency will be needed to buy one USD. As a result US exports become more expensive to countries using alternative currencies, which reduces demand for US exports. On the other hand the USD will now buy more units of foreign currency, making goods denominated on those currencies less expensive on a relative basis. The enhanced ability of the USD to purchase goods denominated in foreign currencies increases the demand of foreign goods and increases imports to the US. Ultimately GDP will decline in an atmosphere of an appreciating USD.
