(What is more, currency movements over the past year have unexpectedly made matters worse for many producers. In the first half of the 1980s, it was conventional wisdom to say that the exceptional strength of the dollar was partly responsible for- an
(What is more, currency movements over the past year have unexpectedly made matters worse for many producers. In the first half of the 1980s, it was conventional wisdom to say that the exceptional strength of the dollar was partly responsible for- and helped to offset the increasing weakness of dollar-dominated commodity prices. All other things being equal, so the argument went, a subsequent fall in the dollar might be expected to give a compensating boost to dollar commodity prices.)Why should the “boost” have been a compensating one?
【正确答案】:The usage of compensating implies that once the US currency movement had the dollar commodity price suffer a loss.
Top