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Title: Relationship between the Dollar, Price of Oil & the U.S. Trade Deficit
Edited by: George D Hoeffner
ISBN10-13: 1617286869 : 9781617286865
Illustrations: tables, graphs, charts
Format: Hardback
Size: 155x230mm
Pages: 159
Weight: .404 Kg.
Published: Nova Science Publishers, Inc (US) - July   2011
List Price: 143.99 Pounds Sterling
Availability: In Stock   Qty Available: 2
Subjects: International economic & trade law : USA
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.
Table of Contents:
Preface; The U.S. Trade Deficit, the Dollar & the Price of Oil; U.S. Trade Deficit & the Impact of Changing Oil Prices; The Effects of Oil Shocks on the Economy: A Review of the Empirical Evidence; Financing the U.S. Trade Deficit; The U.S. Trade Deficit: Causes, Consequences & Cures; The Dollar & the U.S. Economy; Testimony of Joseph E Kasputys, Global Insight, Inc., President, Chairman & C.E.O., & Committee Economic Development (CED), Co-Chairman, before the Committee on Financial Services on the Implications of a Weaker Dollar for Oil Prices & the U.S. Economy, Hearing on "Oil, The Dollar, Global Imbalances, & the U.S. Economy"; Testimony of Walter J Williams, Economist, ShadowStats.com, before the Committee on Financial Services, U.S. House of Representatives, Hearing on "Implications of a Weaker Dollar for Oil Prices & the U.S. Economy"; Index.
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