(Eli5)Why will US companies, or companies in general thrive when US dollar value is strong? Does it have something to do with currency conversion?

150 views

(Eli5)Why will US companies, or companies in general thrive when US dollar value is strong? Does it have something to do with currency conversion?

In: 1

5 Answers

Anonymous 0 Comments

American companies do most/much of their business is with Americans, so currency conversion does not matter. And importation of goods or materials is cheaper.

You are viewing 1 out of 5 answers, click here to view all answers.