Exchange Rates

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. In your opinion, what are the advantages to having a strong currency versus a weak currency? Your journal entry must be at least 200 words. No references or citations are necessary. For more information on Exchange Rates read this:https://en.wikipedia.org/wiki/Exchange_rate

 

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