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2006-12-11 14:58:05 · 9 answers · asked by kalebs_daddy 2 in Social Science Economics

9 answers

What you need is called a "Purchasing Parity Index". In some countries a US Dollar really is worth more -- in other words it can buy more goods and services compared to in the US. For example, US Dollar is generally worth more in 3rd world countries. There are ton of such countries, download the spreadsheet below to see the complete list.

2006-12-11 15:21:33 · answer #1 · answered by Anonymous · 0 0

It depends on the context of the question. The dollar is worth a lot more in Canada in the last ten years, and Austraila. Remember in 1998 going to Canada with 100 bucks to fishing for the day went a long way. Now the value is 90 cents when in 1998 it was 70 cents in US dollar=Canadain Dollars. The exchange rates vary and flexibility is determined by the supply and the demand of the currency. The dollars is slowly coming down in value, but that is not a bad thing because it makes are exports cheaper, and drive more internal manfacturing of commodities. I love to learn the big picture how currency value go up and down because it gives preceptive not well explained in the media or by polticans.

2006-12-11 15:41:48 · answer #2 · answered by ram456456 5 · 0 0

In all those countries where there is foreign currency exchange control. In these countries there is a black market for US dollars and the dollar is worth more than the bank rate.

2006-12-12 04:43:51 · answer #3 · answered by Jomtien C 4 · 0 0

In concept a minimum of, nowhere. evaluate, if the US dollar have been well worth greater contained in the united kingdom than it incredibly is in Brazil, one would desire to purchase earnings Brazil and sell them contained in the united kingdom, taking the proceeds and repeating the technique. that's conventional as arbitrage, that's in fact a fashion of springing up money for no longer something. observe that opportunities for arbitrage generally exist, although significant institutional traders often earnings from them previously the quantities to be made are very significant, and this with out postpone brings costs to a element the place the prospect for arbitrage no longer exists. Now, if the question instead have been "the place contained in the international is the US dollar well worth greater desirable than the close by distant places money" it incredibly is a thoroughly distinctive question which could be replied incredibly incredibly.

2016-10-05 05:04:36 · answer #4 · answered by Anonymous · 0 0

In the Philippines. That's why people with dollars here keep their dollars in the bank or in foreign countries!

2006-12-11 15:58:54 · answer #5 · answered by chelsea 3 · 0 0

Canada.

When I went there I converted 20 dollars and got I think 25 or more dollars and some change....

2006-12-11 15:20:00 · answer #6 · answered by airmcnair06 3 · 0 0

All West Indian countries

2006-12-11 15:07:52 · answer #7 · answered by Other sheep 4 · 0 0

A dollar is a dollar, worth only a dollar no matter where your standing.

2006-12-11 15:07:39 · answer #8 · answered by teddybear 3 · 0 1

In Mexico and in Canada.

2006-12-11 15:01:21 · answer #9 · answered by BookLady 3 · 0 1

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