To: MeneMeneTekelUpharsin
I'm not an economist. Does the lower value of the dollar help out our manufacturing sector? If any non-nutty-goldbug economist FReepers could answer this, I'd appreciate it.
5 posted on
12/18/2003 1:43:55 PM PST by
egarvue
(Martin Sheen is not my president...)
To: egarvue
Does the lower value of the dollar help out our manufacturing sector?
Definitely, when the dollar is lower our goods are cheaper overseas, and imports cost us more here at home. So we'll be buying more American made goods, and so will foreigners.
8 posted on
12/18/2003 1:56:56 PM PST by
RWR8189
To: egarvue
Does the lower value of the dollar help out our manufacturing sector?
The low value of the dollar makes exports out of the US cheaper, and so it increases exports of US manufactured items. It also makes imports more expensive, so US manufactured goods sell better at home.
The bad news is that your vacations in France will cost more.
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