U.S. foreign debt

Michael Perelman michael at ecst.csuchico.edu
Mon Sep 27 15:07:28 PDT 1999


Before when the dollar fell in value exporters to the U.S. compensated by dropping or even eliminating their profit margins in order to maintain their foothold in the U.S.

Rakesh Bhandari wrote:


> Just not that sanguine about a compensatory pick up in exports due
> to dollar devaluation however open other countries remain.

--

Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901



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