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" A strong dollar is good if it is justified by the productivity of the nation. A currency with a relatively high value allows the United States to import goods more cheaply and provides a direct benefit to the consumer. But if the dollar is priced so high... "
Impact of the Dollar on U.S. Competitiveness: Hearing Before the ... - Page 18
by United States. Congress. Joint Economic Committee. Subcommittee on Economic Goals and Intergovernmental Policy - 1985 - 65 pages
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Impact of Trade on Employment: Hearings Before the Subcommittee on ...

United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on Employment and Productivity - Balance of trade - 1986 - 346 pages
...approximately $60 billion worse than it would have been had the dollar remained at its 1980 level (Table 1). A strong dollar is good if it is justified by the...consumer. But if the dollar is priced so high that producers cannot manufacture comparable goods at comparable cost, then jobs will be lost. Tables 2...
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