Off Topic — HabitableZone

Off Topic » in reply to Exchange Rates

re: Exchange Rates and trade?
SteveS — (archived)

Loss of tourism dollars for Europe.
Loss of holiday goods sold in US for Europe.
US contractors and manufactures more competitive against Europe in world wide bids.

1 Ton US steel = 1.00
1 Ton euro steel = 1.20

Is that how that works? Countries come to the US for a bargain?

SteveS

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