1. The US dollar
The major problem for the US government is the importance of the budget deficit. ... The depreciation of the US currency can help the US economy to sell more of its good. ... Japanese economy has started to grow again in 2003 by 2,4% (after more than 10 years of stagflation) but its interest rate have been cut to 0 and it can not use the discount rate policy to stimulate the economy anymore. ... The 4 biggest Asian economies (Japan, China, Taiwan, South Korea) have now more than 1500billions in reserve (with 50% for Japan) which is twice as much as the foreign exchange reserves in December 200...
- Word Count: 777
- Approx Pages: 3
- Grade Level: Undergraduate