Abstract
This publication explains the concept of fluctuating currency exchange rates, defines common terms used (such as strengthening or weakening of the dollar), discusses factors that determine the exchange rate, considers the potential implications of a weak U.S. dollar on U.S. and South Florida agriculture in general, and makes a few suggestions regarding what farmers and agribusinesses can do to protect themselves from currency fluctuations. This is EDIS document FE546, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published April 2005.
References
Chipello, C. 2004. Dollars Slide Leaves Global Impact. The Wall Street Journal. Wednesday, December 29.
Sanger, D. 2005. U.S. Faces More Tension Abroad as Dollar Slides. The New York Times, January 25.
USDA. 2005. Importance of Trade for Agriculture. Factsheet, FAS Online, http://www.fas.usda.gov/ustrade.asp
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