Imagine that the U. S. dollar has become either stronger or weaker since an earlier period. For each of the following, identify how a stronger or weaker dollar affects (i) U. S. producers that sell to foreign consumers (exporters), (ii) U. S. producers that compete with imports, and (iii) American consumers of foreign goods (imports). Who benefits from a stronger dollar?

Who is hurt by a stronger dollar?

Who benefits from a weaker dollar?

Who is hurt by a weaker dollar?