S. dollar will affect European markets and competitiveness with China, a main exporter to Western Europe at this time.
The conditions within the steel market in particular have been reported as declining for several years, but there is some evidence which suggests a change is occurring within the industry (Triplett, 2003). There is some evidence which suggests that domestic distributors might actually benefit from the weakening of the U.S. dollar, in fact it might enable further economic recovery (Triplett, 2003).
This study will seek to determine whether or not theses statements are valid, in order to determine the best possible avenue Europeans can take to remain competitive and U.S. manufacturers can take to help facilitate a more productive economy.
Methodology
The researcher intends to conduct a qualitative study of the literature currently available with regard to the economy and the U.S. dollar vs. The European euro. The intent will be to develop a well thought out and grounded theory that explains the exact relationship between the U.S. dollar and the European market for metals. Specifically the researcher will attempt to determine what if any action is necessary to help boost the U.S. economy and stimulate a more productive metal industry. Studies suggest that the metal industry has been in decline for a number of years. This study will attempt to determine what action need be taken if any to reverse this trend.
In addition the researcher intends to examine closely one corporation within the metal industry that operates on a global level. The intent will be a case study synopsis of the companies successes and failures as well as experience within...
U.S. Balance of Payments The United States balance of payments is an overall statement of all economic transactions between the U.S. And all other countries over a year's times (Oxford, 2002). A table of the balance of payments shows the amount of money received from other parts of the world and the amount spent abroad. These transactions are measured in terms of receipts and payments. In the U.S., a receipt represents money
U.S. Government and ethical issues of outsourcing Description of Ideas-5 Analysis of Concepts-6 Evaluation with Reasons-7 Possible Solutions-9 U.S Government and Ethical Issues of Outsourcing USA is at present one of the fastest growing countries as a target for outsourcing. Of late outsourcing which was once the buzzword of corporate America has been looked down upon in recent years because of growing concerns of ethics involved in outsourcing the same. Majority lament the outsourcing of jobs
U.S. Debt Crisis Financial crisis is not a totally new concept. It is a fact that more than three quarters of the entire members of the IMF, whether they are developed or developing countries have been affected by a serious financial crisis ever since the year 1980, demonstrating the instability of the world wide global economy. The origins of the financial crises may be different, but what all these crises have
Since 1970, the economic growth in U.S. had increased in real terms at a rate of 3.16% per annum, up to 2001, when the American economy registered a slow down period and the economic growth amounted 1.7%. Since 2003, the growth rate averaged 4.62% per annum. Currently, the economic growth is heavily influenced by fiscal relaxation policy that led to increased investments and economic growth level. The average return
4 trillion to about $5 trillion dollars at the end of 2008 to support a rise in U.S. net external debt from $3.3 trillion to $7.4 trillion. (Ibid. 6) Continued financing of the U.S. trade deficits by the rest of the world is also not without its long-term problems: the U.S. would accumulate so much debt over time that the ultimate cost of adjustment would become too high for the
In most countries, a rise in debt would have a series of economic consequences leading to the devaluation of the currency and a return to an equilibrium. This has not happened with the U.S. dollar because of a unique externality -- its role as the world's currency. However, that role itself dependent on a number of factors, including but not limited to domestic resources stocks, strong legal and political
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now