U. S. Trade Deficit, the Dollar, and the Price of Oil

James K. Jackson

2011 թ. մյս · DIANE Publishing

Այս էլ․ գրքի մասին

Despite common perceptions that there is a direct cause and effect relationship between changes in the international exchange value of the dollar and the price of oil, an analysis of data during recent periods indicates that changes in the price of oil are driven by changes in the demand for oil that is different from the supply of oil, rather than changes in the value of the dollar. Contents of this report: (1) Overview; (2) The Dollar and the Price of Oil: Real and Nominal Oil Prices; Major Currencies; (3) The Price of Oil: Oil Exchanges; Oil Demand and Supply; (4) The International Exchange Value of the Dollar; Capital Flows; U.S. Financial Balance; Foreign Exchange Market; The U.S. Trade Deficit; (5) Conclusions. Charts and tables. This is a print on demand report.