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It takes more dollars to purchase the same amount of foreign currency to buy goods and services. That means U.S. consumers and U.S. companies that import products have reduced purchasing power. This increase local burden on their living cost. Since the dollar is weakened they cannot enjoy high purchasing power...

The United State consumers find travelling abroad more costly too. They have to spend more money to travel in foreign country. When the dollar is falling, it is harder for the United State firms and investors to expand into foreign makers. Thus, weaken dollar does not benefit local consumers, and investors...

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