Forbes (February 6)
2018/ 02/ 08 by jd in Global News
“The dollar-euro exchange rate is the most important price in the world…. How so? These are two surpassingly large economic areas, and they trade and invest more than enough with each other—such that each imports the other’s entire relative price structure…. Change that exchange rate in a big way—a fifth is plenty big—and all sorts of new decisions will come in terms of where one plans to invest, produce, and sell.”
Tags: Dollar, euro, Exchange rate, Imports, Invest, Price structure, Produce, Sell, Trade
