The fall of the dollar is good or bad?
Posted: Tue Sep 28, 2004 4:50 pm
The fall of the dollar is good for the American economy at present. Because its low value will increase exports and reduce foreign exports. So it could generate more jobs for American citizens.
However, it is bad for other countries and the international currency market. Other countries will suffer a higher tariff or import taxation.
_Arale_
However, it is bad for other countries and the international currency market. Other countries will suffer a higher tariff or import taxation.
_Arale_