Business, Finance & Economics

Weak dollar helps American exporters

Europeans have a long tradition of fishing and dining on seafood. But European waters have been overfished. Lately that's meant good news for fisherman in Alaska. This fisherman and businessman in Alaska says Europeans are snapping up fish from his Alaskan suppliers even though prices are up. He says the spike in fish prices has been offset by the drop in the American dollar which has helped exports maintain and even grow. A case in point is this Spanish company which imports Alaskan salmon. This expert says she could buy wild salmon from Norway which is closer but it's more expensive so she doesn't. international fish brokers say they've been moving more American fish because the American dollar has dropped.

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