Relationship between the Dollar, Price of Oil & the U.S. Trade Deficit
Book Details
Format
Hardback or Cased Book
ISBN-10
1617286869
ISBN-13
9781617286865
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jul 7th, 2011
Print length
159 Pages
Weight
406 grams
Dimensions
23.80 x 15.80 x 1.60 cms
Product Classification:
International economic & trade law
Ksh 25,900.00
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Rapid changes in the price of oil and the impact of such price changes on economies around the globe have attracted considerable attention. In mid-2008 as the price of oil rose to unprecedented heights and then dropped sharply, the international exchange value of the dollar fell and then rose relative to a broad basket of currencies. For some, these two events seem to indicate a cause and effect relationship between changes in the price of oil and changes in the value of the dollar. This book analyses the relationship between the dollar and the price of oil and how the two might interact and provides an assessment of the impact a range of prices of imported oil could have on the U.S. trade deficit.
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