Conventional wisdom holds that the sinking U.S. dollar is bad news for aerospace exporters in Europe and Canada, which sell their products in dollars but pay their workers in local currencies. Conversely, the greenback’s slide bolsters the competitiveness of U.S. exporters by making their products cheaper abroad. But in an increasingly global aerospace economy, things often aren’t that simple (see related story, p. 40). Take Goodrich Corp., a leading supplier of landing gear and other ...


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