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To: GraceZ who wrote (46201)12/11/2000 3:41:49 PM
From: Archie Meeties  Respond to of 436258
 
Yes, multinationals, especially with revenue from currencies that tend to move inversely to the usd, will do well over the next year or so. But better pricing for exports is not enough to offset a slowing domestic economy - the US is not that export dependent.

The benefits to the industrial sector are limited primarily to those who still manufacture in the US. Those that have exported the manufacturing overseas might find the domestic price of their goods rising, depending on whether the economy/currency from where they are manufacturing is perceived to be dependent on the US. The currencies of many nations, (South and Central America come to mind) may accompany a usd devaluation, which will preserve the advantage of overseas manufacturers.