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 Strategies & Market Trends : Raptor's Den II

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To: illyia who wrote (1498)12/11/2003 10:09:53 AM
From: velociraptor_Read Replies (3) of 3430
 
The value of a dollar here is irrelevant and only matters in terms of international trade. A dollar could be worth 50 Yen or 100 Yen, but if something is priced at $1, you will pay $1. It only makes a difference for the Japanese guy who has to pony up more or less to buy that same $1 item because he has to change currency first. You don't have to do that and don't lose or gain anything on the dollar devaluation in those terms.
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