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In conversation, our connotation of the word "strong" is something good or desirable, and our connotation of the word "weak" is something bad or undesirable

Economics Apr 08, 2022

In conversation, our connotation of the word "strong" is something good or desirable, and our connotation of the word "weak" is something bad or undesirable. Is it the same with currency exchange rates? Why would a decline in the value of the dollar prompt BMW, or VW, or Mercedes-Benz to build production plants in the US? Is a strong dollar good or bad for the US?

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