Sliding U.S. Dollar Packs a Wallop to Wallets Worldwide

Autor/in	Bowman, Quinn
Titel	Sliding U.S. Dollar Packs a Wallop to Wallets Worldwide
Quelle	In: Social Education, 72 (2008) 2, S.84-87 (4 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0037-7724
Schlagwörter	Foreign Countries; Housing; Class Activities; International Trade; Economic Climate; Economics; Worksheets; Global Approach; Canada; China; Japan + Suchen Sie Ihr Suchwort? Ausland; Unterkunft; Trade; International relations; Handel; Internationale Beziehungen; Wirtschaftslage; Volkswirtschaftslehre; Globales Denken; Kanada
Abstract	The dollar, once one of the world's strongest currencies, has fallen dramatically in recent years--a development impacting attitudes from corporate boardrooms to the sets of music videos where artists are choosing to flash the euro over American cash. When measured against a collection of other leading worldwide currencies--like the European euro, the Japanese yen and the Canadian dollar--the U.S. dollar has lost a quarter of its value over the last five years, according to the "Economist" magazine. The dollar is losing value because of several factors: the federal deficit, the trade deficit and most recently, the weakening economy due to the housing and mortgage crunches. (Contains 4 online resources.) (ERIC).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10