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Exchange Rates

Author: Client Uploads
December 26th, 2020

Many financial newspapers or websites say that the U.S. dollar is the strongest currency in the world.

Think about the factors that affect exchange rates, and make a case that our currency should or should not be the strongest. In your opinion, what are the advantages to having a strong currency versus a weak currency?

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Your journal entry must be at least 200 words. No references or citations are necessary. For more information read this:https://en.wikipedia.org/wiki/Exchange_rate

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