U.S. Agriculture and the Value of the Dollar

dc.contributor.author Hart, Chad
dc.contributor.author Hart, Chad
dc.contributor.department Center for Agricultural and Rural Development
dc.date 2018-02-16T21:19:09.000
dc.date.accessioned 2020-06-30T04:54:59Z
dc.date.available 2020-06-30T04:54:59Z
dc.date.embargo 2015-08-10
dc.date.issued 2015-08-10
dc.description.abstract <p>Roughly 20 percent of U.S. agricultural production is exported to other countries. So our competitiveness in export markets is crucial to the stability and growth of U.S. agriculture. One of the fundamental factors in our competitiveness in export markets is the currency exchange rate. The currency exchange rate is the ratio of the value of a nation’s currency to the value of another nation’s currency. Many factors affect exchange rates, including the countries’ macroeconomic policies, fiscal situation, and expected economic growth. Changes in the exchange rate affect our agricultural trade competitiveness because they indicate relative changes in the prices for traded goods in other countries. Nearly half of the change in the real value of U.S. agricultural exports can be attributed to changes in exchange rates.</p>
dc.identifier archive/lib.dr.iastate.edu/iowaagreview/vol9/iss3/5/
dc.identifier.articleid 1141
dc.identifier.contextkey 7438657
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath iowaagreview/vol9/iss3/5
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/45421
dc.source.bitstream archive/lib.dr.iastate.edu/iowaagreview/vol9/iss3/5/IAR_v09n3_005.pdf|||Sat Jan 15 00:34:11 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines International Economics
dc.title U.S. Agriculture and the Value of the Dollar
dc.type article
dc.type.genre article
dspace.entity.type Publication
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