asked 18.5k views
5 votes
When the dollar "rises" compared to other currencies, which group benefits the most? A) Those who export products overseas. B) Those who import products from overseas. C) Those who have large cash savings on hand. D) Those who speculate and trade in currencies.

2 Answers

3 votes
Those who import products from overseas.
answered
User Jelina
by
9.4k points
5 votes

Answer:

A) Those who export products overseas.

Step-by-step explanation:

Those who export products overseas are being payed in dollars by those who are importing in the U.S. Since the dollars is worth more money to them, now, even though they're paid the same amount, they're making more money in their country. Those importing products from overseas on the other hand, are paying more for the same product, even though the value in dollars of the goods hasn't changed, the dollars itself has.

answered
User Robert Harris
by
8.7k points
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