The Declining Value of the US Dollar: A Brief Background

The Declining Value of the US Dollar: A Brief Background When speaking on economic recessions and depressions, the culprit is usually a lifestyle of borrowing and owing money. The most recent declining value of the US dollar is no different. The United States’ dollar has declined the past few years, nose diving sharply at some point in 2008. A brief background of the dollar’s decline highlights the housing market, bank bailouts and solutions to turn the economy around. The dollar’s most recent decline is highly regarded as the worst since The Great Depression of the 1930’s. A … [Read more...]

Foreign Exchange Terms That Can Make or Break Your Business

Not all money is created equal. Anyone who has traveled to different countries knows the variable nature of currency exchange. Foreign Exchange (Forex) takes the principles of trading one currency for another to the highest degree. It's akin to a stock market where the idea is to buy low and sell high. Unlike many stock markets, Forex trades six days a week 24 hours a day. Individuals, global banks and financial institutions, and even governments are involved in Forex. Rates can change in seconds, turning a profitable trade into a devastating loss for those who do not act. Forex can be … [Read more...]

Analyzing International Markets

Tackling the international market will require acute knowledge of the various types of foreign markets that are currently available. Companies must analyze international markets through organized methods that are uniquely designed based on said company's objectives, allowing the company to decide which market to enter. Choosing Your Market When you are choosing a foreign market, consider the following: Does your business venture have any real potential for success? Is there a demand for your product? It is important to determine if there is a demand for your product. Just … [Read more...]