To: NCjim
So, they got that cheap dollar is improving American export and blocking inport? Guys it's just economy. High deficit= cheap dollar = lower income for UE= lower prices of American products, so they are more available for UE consumers= Germans and Frances are blasted.
59 posted on
11/14/2004 1:00:01 PM PST by
Potomac
To: Potomac
Not exactly. Cheap dollar is indeed improving American export, but it isn't blocking import, it just make it more expensive and this isn't good for US economy considering a huge trade deficit.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson