Donald Trump Administration

Overview The dollar appreciated sharply in the weeks following the election of President Donald J. Trump. By the time of Trump’s inauguration, the dollar had reached levels not seen for more than 10 years. The strong dollar seemingly posed a threat to Trump’s campaign promise to reduce and even eliminate America’s trade deficit. In pursuit of this goal, the incoming Trump administration threatened to renegotiate existing trade agreements and to label the Chinese government a “currency manipulator.” By April of 2017, Trump was giving public voice to his views on the dollar, stating in an interview to the Wall Street Journal that he thought that the “dollar is getting too strong” (Baker et al. 2017). Trump’s statement, and his continued support for low interest rates, contributed to a weakening of the dollar over subsequent months. By the end of the year, the dollar had fallen by about 10 percent relative to its December 2016 value but remained almost 15 percent above the post-crisis floor that it reached in 2014. Should the Trump administration strive to weaken the dollar further in pursuit of reducing the trade deficit? Critics of such a policy highlight the costs and potential dangers associated with a weaker dollar. Some analysts argue that market expectations of prolonged dollar weakness could lead to higher interest rates in the United States. Higher interest rates would raise the cost of investment for the private sector and raise the federal government’s borrowing costs. Others suggest that a determined policy of undervaluing the dollar will eventually spark foreign retaliation, thereby raising the possibility of another “currency war” like the one Brazil accused American policy of triggering in 2009–2011. More profoundly, a loss of foreign confidence in the commitment by American policymakers to a strong dollar could cause foreign governments to shift from the dollar to the euro as their primary vehicle currency and reserve asset. Such a shift would precipitate a major collapse of the dollar and substantially raise borrowing costs in the United States. For advocates of this position, a strong dollar is a critical American interest. What is the right value for the dollar? Policy Options – Pursue policies to strengthen the dollar against foreign currencies. – Pursue policies to keep the dollar relatively undervalued in order to promote exports. After reading the case background and the policy options that are proposed, you are to write a 500-750 word entry that answers the questions listed under the “Take a Position” heading: 1. Which option do you prefer? Justify your choice. 2. What criticisms of your position should you anticipate? how would you defend your recommendation against these criticisms? Besides completing your initial entry, you must comment on at least two of your peers’ entries. You are encouraged to engage in respectful debate and discourse with your peers on the subject at h

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
Donald Trump Administration
Get a 15% Discount on this Paper
Get Help Now
MyCoursebay
Get real help, Real fast
Pages (550 words)
Approximate price: -

Why Hire a Professional Essay Writer from MyCoursebay

Quality Urgent Essays

MyCoursebay online platform provides the best essay writing service ever received elsewhere, thanks to our professional essay writers. Experience gained in the 10+ years of being in the assignment writing industry is also an added advantage.

Professional and Experienced Academic Writers

A lot is done to maintain us as the best essay writing service provider. Besides owning a degree from a recognized university, a writer must pass the rigorous tests we take them through before they are considered eligible to offer urgent essay help on our website.

Affordable Urgent Assignment Help

Who said a reliable website should not be cheap also? While it is human nature to associate prices with quality, that does not always work. At mycoursebay.com, we guarantee you cheap and urgent essay help without compromising the quality.

24/7 Available Urgent Essay Writing Service

Whether it is a ‘write my essay for me cheap’ or ‘edit my essay’ order you want to request, always feel free to reach us at any time of the day. Our experts work in shifts to ensure that you access urgent essay writing services at any time of the day.

Plagiarism Free Essays Online

The punitive measures that come with plagiarized content are so harsh, and we understand that. We consequently ensure to write each client’s papers from scratch no matter how urgent the essay is. To acknowledge borrowed content, our quick writer references and cites the work.

Wow Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

So much stress and so little time? Take care of yourself: let us help you with your tasks. We offer all kinds of writing services.

Essays

Custom Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission and Business Papers

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Editing

Editing and Proofreading

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Coursework

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.