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A weaker dollar benefits_______and hurts______.

A. Foreign businesses; American consumers.
B. American consumers; American businesses.
C. American businesses; American consumers.
D. American businesses; Foreign consumers.

asked
User J Cena
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1 Answer

4 votes

Answer:

C. American businesses; American consumers.

Step-by-step explanation:

Currently so many businesses of America are overseas, approximately 40%.

Now when the dollar turns weak these businesses are benefited in a manner that is the buyers needs to pay more for such deals.

Further with this as the buyers needs to pay more, even in the country the imported goods turns expensive as dollars decrease their value.

Accordingly, it is the american business man who gets benefited with weaker dollar, and the american consumer has to pay more for this.

answered
User Ricket
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