When a currency appreciates, there are always groups, in each country, who benefit from a stronger currency. What two groups would benefit from the US dollar becoming stronger (appreciating).   a. Foreign Importer   b. American Exporter   c. American Importer   d. Foreign Exporter

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter4: Exchange Rate Determination
Section: Chapter Questions
Problem 2IEE
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  1. When a currency appreciates, there are always groups, in each country, who benefit from a stronger currency. What two groups would benefit from the US dollar becoming stronger (appreciating).

      a.

    Foreign Importer

      b.

    American Exporter

      c.

    American Importer

      d.

    Foreign Exporter

     
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