Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> How is that true? I’m not following. They need dollars to buy imports and with strong dollar it’s harder to buy imports for same exports. Take Turkey as prime example currently.

On a net basis they are exporters. Meaning (again on a net basis) dollars flow into these countries and goods flow out. If the dollar is strong then companies exporting from the US are more expensive then comparable exports from other countries (which can sell for a lower dollar amount and still pay their staff, raw materials). If the dollar is weak then companies exporting from the US are comparably cheaper. The US is usually a net importer because due to a strong dollar (and high wages) it's just cheaper to import stuff from abroad.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: