Quote:
Originally posted by Seb From Holland
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?
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That's importing. You're putting money INTO the US economy instead of taking it out. When you get paid by a processor you're taking money OUT, and that money will have less value in your country, which is what would concern european webmasters.