CNN Money: Macy’s sales slump as foreign tourists stop spending

Article published: May 13, 2015 – out of date: no longer suitable for your IB Economics commentary

IB Economics syllabus: International Economics (exchange rates, export prices)

As the USD got stronger, tourists in the U.S. started spending less (especially when it comes to luxuries).

Source of image: Kena Betancur/Getty Images

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