The Too-Almighty Dollar

Article Abstract:

The trade deficit may reach as high as $100 billion in 1984. Martin Feldstein, the chairman of the president's council of economic advisers, recommends cutting the budget deficit as a cure for the trade deficit. The Secretary of the Treasury, Donald Regan, concedes that the high value of the dollar has hurt exporters. The administration, however, continues to support free trade. The future of the dollar remains difficult to forecast.

United States, Laws, regulations and rules, Finance, National government, Balance of trade, Federal government

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Semi-Detached

Article Abstract:

The Tokyo Stock Exchange (TSE) tends to follow the fluctuations of the New York Stock Exchange. Japan's political situation does influence its stock market. Japan's economic outlook is optimistic which may tempt more foreign investment. The yen-dollar exchange rate has a significant impact on the stock market.

Japan, Stock-exchange, Stock exchanges

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