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the claim
A strong currency reduces a country's exports.
the verdict
SUPPORTED
the evidence backs this
Recorded sources
3 sources for · 0 against
Is it true that a strong currency reduces a country's exports?
Yes. A reference entry states that currency appreciation makes exports more expensive while depreciation makes them more competitive, and a market commentary notes a strong dollar tends to depress global trade growth. Together these support the claim that a strong currency reduces a country's exports.
Verdict: SUPPORTED · 3 sources for, 0 against · Last checked
Evidence for · 3
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Currency. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Currency
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More for · 2
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Why does PRC devalue its currency on purpose, but Turkey is worried about the devaluation of its currency?. (n.d.). politics.stackexchange.com. https://politics.stackexchange.com/questions/32928
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How a strong dollar affects international currencies & commodities. (n.d.). reuters.com. https://www.reuters.com/plus/how-a-strong-dollar-affects-international-currencies-and-commodities
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