Question: international finance 10 assume that the current exchange rate is...
- International Finance (10)
- Assume that the current exchange rate is $40 =£ What value for the exchange rate (provide a specific number – change the $ value but leave the£value at 1) would mean a stronger dollar? What value would mean a weaker dollar?
- Who gains and who loses from a weak or a strong dollar and why? Is it better for a country to have a weak or a strong dollar?