since 1997, the world's premier FREE website for learners + teachers of English

The fall of the dollar is good or bad?

Let others know the latest news, or discuss it with them.

Moderators: Krisi, Vega, EC

User avatar
Keeper of the Board
Keeper of the Board
Posts: 751
Joined: Mon May 31, 2004 7:05 am
Status: English Learner
Location: Vietnam

The fall of the dollar is good or bad?

Postby Arale » 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.


User avatar
Silver Member
Posts: 60
Joined: Sat May 19, 2007 2:50 pm
Location: Costa Rica

Postby tenbase » Sat Jul 28, 2007 3:02 pm

Well for Costa Rica specificly the fall of the dollar will be beneficial however that event is very far from reality...

Silver Member
Posts: 35
Joined: Fri Mar 02, 2007 7:19 am
Status: English Learner
Location: Thailand

Postby Qoo » Sun Jul 29, 2007 1:27 pm

Depend on " who is affected by it ?
It's may be good for a country that import goods to America ,Someone who want to travel or learn to/at America .

But it may to bad for a country or a corporation that export many tons of goods to America like my country .

My country have got a problem from fall of dollar .
Some factory get less profit than It got.
Some factory have got financial problem.
And some factory must shutdown because can withstand this problem :(

Return to “Current News”

Who is online

Users browsing this forum: No registered users and 2 guests