WSJ article assignment

WSJ article assignment - Wall Street Journal Article...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Wall Street Journal Article Assignment Assignment # 1: Section Scheduled Line Number (SLN):76427 Last Name: Newman First Name: Adam 10-Digit Affiliate ID Number: 1200202332 Article Title : Currency Wars: A Fight to Be Weaker --- Tensions Grow in Foreign-Exchange Market as Countries Scramble to Tamp Down Their Money Author(s), Date and Page Number: Tom Lauricella, John Lyons, September 29, 2010, page C.1 Article Word Count based on Wall Street Journal: Eastern Edition publication of the ABI Inform Database: 1071 Executive Summary: Currently, the global currency market is an extremely dynamic industry that has some of the most dramatic effects on the world economy. At this time, there is an abundance of issues and conflicts arising with respect to the global currency market due to the vast differences between the current statuses of local economies throughout the majority of the developing world. The center of conflict is mainly a result of an increasing trend of protectionism by many nations. In the majority of the eastern world economies, the governments are attempting to artificially induce their currency rates to decline by methods such as, selling large quantities of currency and manipulating currency levels in order to increase exports and increase the cost of importing. However, a legislative counter attack to these methods is currently in the works by the US. The
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/07/2012 for the course MGT 302 taught by Professor West during the Fall '10 term at ASU.

Page1 / 3

WSJ article assignment - Wall Street Journal Article...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online