Question: As a result of a decrease in the demand for U . S . dollars, there has been depreciation in the value of the U
As a result of a decrease in the demand for US dollars, there has been depreciation in the value of the US dollar relative to New Zealand dollars. The depreciation in the US dollar has benefitted some groups but harmed others. Indicate which of the groups are winners and which are losers from the standpoint of the depreciation of the US dollar.
A Todd, an American, goes to visit New Zealand for spring break.
loser
B An investment bank in New Zealand is interested in purchasing US government bonds.
winner
C Goodyear, a firm based in the United States, sells car tires in New Zealand.
D A family from New Zealand visits relatives in the United States.
winner
E A firm from New Zealand sells handbags in the United States.
winner
F An electronics manufacturer based in the United States, purchases a high tech company in
loser
New Zealand.
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