The weak dollar and the Bush Administration

This essay considers several potential financial and economic effects associated with the policy of a weak dollar that is being pursued by the Bush Administration. The reference sources for the consideration of these effects are two articles from the Financial Times Chung (2003) and Postelnicu (2003).

For many American multinationals and large American exporters, the weak dollar should lead to increased earnings because the demand for American products will increase as euro-holders and yen-holders find that they can buy more value in American products for the same outlay. Some American companies, however, likely will not share in these benefits. Retailers (w

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