Strong currency versus weak currency

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Reference no: EM132635160

Many financial newspapers or websites say that the U.S. dollar is the strongest currency in the world. Think about the factors that affect exchange rates, and make a case that our currency should or should not be the strongest.

1. In your opinion, what are the advantages to having a strong currency versus a weak currency?

2. What factors impact a currency as being "strong"?

3. What are the implications for a firm's international expansion as it relates to currency?

Reference no: EM132635160

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