Economic Development Futures Journal

Friday, December 03, 2004

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How Much Can a Cheap Dollar Help?

That is the question the Bush Administration must answer as it mounts an economic strategy to help US companies compete against low-cost foreign producers. The new Commerce chief, Carlos Gutierrez (Kellogg CEO), will face as he works on a diplomatic strategy to get other nations to buy into the cheap dollar strategy. This will be a crucial issue and one that local economic developers should be concerned about. More here.

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