Editing Strong dollar policy (section)

=== What 'strong' vs. 'weak' dollar means ===
A stronger dollar benefits US importers as imports become relatively cheaper. It also benefits foreign exporters as they export products priced in dollars. Notably, a strong dollar harms US exporters as it makes exporting from the US less profitable. A stronger dollar also harms foreign importers as the cost of imports rises. When the dollar weakens, the opposite of what was just mentioned occurs.<ref>{{Cite web |title=The Federal Reserve Bank of Chicago-Strong Dollar/Weak Dollar |url=http://faculty.nps.edu/relooney/3040_258.htm}}</ref><ref name=":4" />
{| class="wikitable"
|+Strong Dollar
!Advantages
!Disadvantages
|-
|Consumer sees lower prices on foreign product/service
|U.S. firms find it harder to compete in foreign markets
|-
|Lower prices on foreign products/services help keep inflation low
|U.S. firms must compete with lower priced foreign goods
|-
|U.S. consumers benefit when they travel to foreign countries
|Foreign tourists find it more expensive to visit the U.S.
|-
|U.S. investors can purchase foreign stocks/bonds at lower prices
|More difficult for foreign investors to provide capital to U.S. in times of heavy borrowing
|}
{| class="wikitable"
|+Weak Dollar
!Advantages
!Disadvantages
|-
|U.S. firms find it easier to sell goods in foreign markets
|Consumers face higher prices on foreign products/services
|-
|U.S. firms find less competitive pressure to keep prices low
|Higher prices on foreign products contribute to a higher cost-of-living
|-
|More foreign tourists can afford to visit the U.S.
|U.S. consumers find traveling abroad more costly
|-
|U.S. capital markets become more attractive to foreign investors
|It is harder for U.S. firms and investors to expand into foreign markets
|}