Look up the US dollar real effective rate at bis.org. Business. (Essay Sample)
Question 1: Look up the US dollar real effective rate at bis.org. How would that impact the ability of US goods to compete abroad? Put this in your own words. Basically I am asking you what it means for to US producers when there is a real increase in the value of the dollar. Again all of this would be relative to where we were 10 years ago.
Question 2: What is a eurodollar? How did it come about? I want a paragraph and it also must be in your own words.
Business and Marketing
With an increase in the price of the dollar, American producers would be at an advantage. The reason is that American producers would be able to sell their products at a high according to the level of the dollar. It generally means that American producers would rake in more profits in foreign countries as the dollar would be of high value. To the American producers, they would be in a position to buy more goods using the high value of the dollar.
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