Reference no: EM132173734

The value of the U.S. dollar relative to the value of other major currencies has always been an issue of contention among foreign exchange experts and policymakers. There is a school of thought that strongly believes that keeping the value of the U.S. dollar high relative to other major currencies would be beneficial for the U.S. economy. On the other hand, there are those who feel that such a policy could be detrimental to the U.S. economy. 

Initial Post Instructions

For the initial post, explain where you stand on the issue and provide reasons to support your position.

• If you agree with keeping the value of the U.S. dollar high relative to other major currencies, identify one or more reasons that you find convincing about the line of argument presented by those opposed to a relatively high value for the dollar. What proposals would you make to allay the concerns of those opposed to it?
• If you disagree with keeping the value of the U.S. dollar high relative to other major currencies, identify one or more reasons that you find compelling about the line of argument of proponents of a relatively high value for the dollar. What proposals would you make to ease the concerns of proponents of raising the value of the dollar?