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How will an individual be affected by a depreciating dollar, if he/she is not planning on going overseas?

2007-09-25 07:15:40 · 1 answers · asked by introversive_guy 3 in Business & Finance Other - Business & Finance

1 answers

I dont study economics but i know that if the dollars is deprecianted imported goods will be more expensive
for example if 1 euro equals 1dollar and you buy a 60 euro TV it will cost 60 dollars (i am disregarding the shipping from europe to the USblablabla...)
If then the dollar gets depreciated and 1 euro equals 2 dollars it will cost you 120 dollars to duy the same TV

2007-09-25 07:25:30 · answer #1 · answered by Ifleyfel 2 · 0 0

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