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“From now on, I will only sign contracts in euros because today, we never know what can happen to dollar.” These words were pronounced one week ago by the world’s n°1 top-model Gisele Bündchen. Does this reflect an unfounded rumor fear and rumor or do we really have reasons to start worrying about the future of the most reliable currency ever?
The dollar fell to $1.41 per euro on September 25th. As the its decline gathers pace, understanding what are the reasons to it and what will its consequences be for the international economy seems to be a crucial issue. In order to answer to this question, we will base our judgment on 3 articles taken from The Economist, The Time magazine and the Financial Times.
First, we will expose the real reasons of the decline of $US. And in a second time, we will see what outcome is to be expected for the rest of the world economies.
To begin with, let’s explain why the dollar has grown weaker. It doesn’t stem from the hypothetical......
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Title: The Decline Of The Dollar
Approximate Word Count: 953
Approximate Pages: 4 (250 words per double-spaced page)
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The Decline Of The Dollar
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