This report may come from ((The Economist, Wall Street Journal, New York Times, Financial Times, etc.)) These reports should, among other things, include an introduction, relevance of material to International Business Management and conclusion/managerial implication. The articles must bear obvious, and not peripheral relevance to international business. and the article should be recent. The Report must not be more than three (3) pages
I will attached my last report with the same instruction to give you an idea about the report ,
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The state of exchange rate on a particular period has economic implication to the international trade and business. This report will put the focus on exchange rate effects of U.S dollar dominance in international trade and the impacts it has on the European Union over the past 5 years. As the US interacts with European in trade, their businesses can be affected by the overseas markets. During the market interaction between the US and the EU, exchange of foreign currency is involved (Coppola, F., (2018). The rate the dollar and the Euro are exchanged affects businesses and companies with European Union and the United States both positively and negatively. A foreign exchange rate of a country like the united nation is the price of the dollar stated in terms of other countries’ currency. In a situation where US dollar depreciates relative to the Euro, the United States’ exports become cheaper for foreign traders. This in return increases the United States competitiveness over the European Union. The US dollar has seen a significant increase in value against the EU since the beginning of 2014 (Coppola, 2018). Over that period it has been estimated that the dollar has improved by 17 percent. Over the same period, the export prices have risen by 4 percent while import prices falling with the same margin.
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