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Essay Details:
Essay text:
According to the BEA [1] US exports to the EU were up by 14% in 2004.
Purchasing Power abroad:
As a consumer or tourist, my relative purchasing power in the US has increased and thus I can shop for products sold in the US cheaper. Tourism therefore to the US will increase. "What we are seeing is a double-digit increase in international shoppers over last year," [2] The report continues that "for example, in 2003, the average house in Florida cost $160,000, or about 98,000 British pounds. This year, the same house has increased its value to $170,000, but because of the falling dollar, British buyers can buy it for just 89,000 pounds, according to the Scotsman, a Scottish newspaper...
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