Quote:
Originally posted by uranidiot

Try thinking before you post.
1 Euro > 1 US Dollar
As the Dollar weakens, all those outside the US and are trading in Dollars lose money.
Try again.
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Importing goods from America will be cheaper for Europeans if the Euro > Dollar.
Suppose I bought 100 chairs in America for $100 each. I'd pay a total of $10,000. At the current exchange rate that would be a total of ?8,626. Suppose the dollar weakens even more and the rate will be ?1=$1.20. I'd pay a total of ?8,333 instead of my original ?8,626 for my chairs. Now how could this be bad for me eh?