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Having a strong currency isn't necessarily a good thing. It makes it much harder to export goods and services.
by colinmhayes 4y ago
Having a strong currency isn't necessarily a good thing. It makes it much harder to export goods and services.
- baremetal 4y agoWhat does america export? Agricultural products. People have to eat. Agricultural products have pricing power, especially in the current global environment. Food, beverage and feed: $133 billion. ... Crude oil, fuel and other petroleum products: $109 billion. ... Civilian aircraft and aircraft engines: $99 billion. ... Auto parts, engines and car tires: $86 billion. ... Industrial machines: $57 billion.
- NovemberWhiskey 4y agoServices: ~$700 billion.
- baremetal 4y agoyeah services are gonna take a hit.