Microeconomics question

Explain why a strong US dollar is or is not good for the industry you work for or a firm you are familiar with. How do changes in income, productivity, interest rates and productivity from a macroeconomic level affect exchange rates?

looking for an answer in about 125 words

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I work in the automobile industry and we import most of the raw materials from China. We heavily depend on foreign transactions to purchase the materials. For instance, to buy the raw materials, we need to pay using the local Chinese……………..

APA

146 Words