Solved: What is the impact on importers to the u.s, Finance Basics

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What is the impact on importers to the u.s

Problem:

If the exchange rate of the dollar and the Euro goes from one Euro equals $1.42 cents in 2011 to one Euro equals $1.30 in 2012, has the dollar strengthened or weakened and why? If this happens, what is the impact on importers to the U.S. from the EU and on exporters from the U.S. to the EU?

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Finance Basics: What is the impact on importers to the u.s

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