The mighty dollar makes prices right for Americans traveling abroad
When embarking on foreign vacations, a generation of U.S. tourists could look to the mighty dollar as a generous and supportive traveling companion. For the first two decades of the postwar years, highly favorable exchange rates made vacationing abroad, particularly in Europe, a bargain that more and more Americans could not resist. Then in the late '60s and into the '70s, the growing strength of foreign economies and a weakening dollar sent prices skyhigh, transforming the trip abroad into an expensive, even prohibitive luxury....
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