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Commenting on my post about the problems with the "strong/weak" dollar terminology, Christopher Gwyn writes:
Perhaps instead of 'strong/weak' (or 'high/low') the variation in relative value could be referred to as 'import' and 'export'. Sometimes we have an 'import dollar' and sometimes we have an 'export dollar', with different advantages and disadvantages for various parts of the American citizenry. Discussions of government economic policy would be over whether an 'import dollar' and the programs to alleviate its disadvantages is more, or less, productive for American citizens than an 'export dollar' with the programs to alleviate its disadvantages.Seems sounds to me.
