ABA International Delegation lunches with Managing Partners of
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News Release: U.S. International Trade in Goods and Services

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Wed, 10 Feb 2010 13:30:00 GM

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, DC 20230 U.S. . international trade. in goods and services december 2009 Goods and Services The U.S. Census Bureau and the U.S. Bureau of ...

How does domestic economy and international trade affect strength of the economy?
Q. Working on a final. I need to assess the economy in quest to purchase a home. How does domestic economy and international trade factor in? In what way does domestic and international trade help the economy?
Asked by Becky J - Sun Aug 23 14:15:35 2009 - - 2 Answers - 0 Comments

A. I have been involved with international trade for over 16 years and study world economics as a hobby so please allow me to share some insight: The U.S. dollar, still the benchmark for world currency, has been declining in value the past several years. A detriment to U.S. consumers and U.S. companies that import products, the weakening dollar benefits some players in the global marketplace. Current economic factors that may be signaling recessionary conditions in the U.S. economy and could undermine confidence of U.S. dollar-based assets include the downturn in housing, turbulence in the equity markets and job woes. Additional interest rate cuts by the U.S. Federal Reserve could further erode the return of investors as lower interest… [cont.]
Answered by KGI - Tue Aug 25 14:26:43 2009