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EU Crisis and the U.S.A

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Please help with the following problem. Provide at least 200 words and include references as part of the solution.

The Euro has had many problems during the last few years with the sovereign debt crisis in Greece, Italy, Spain, Portugal, and Ireland. Is this a positive or negative development for the U.S. economy? Why? Is a crisis that may undermine the Euro good for the US economy and the status of the dollar?

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The following posting helps with a problem about economy and global business. The solution discusses the impact of the sovereign debt crisis in EU on the US economy. The explanation is given in 219 words with four references.

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Problem: The Euro has had many problems during the last few years with the sovereign debt crisis in Greece, Italy, Spain, Portugal, and Ireland. Is this a positive or negative development for the U.S. economy? Why? Is a crisis that may undermine the Euro good for the US economy and the status of the dollar?

Solution:
This is a negative development for the US economy because multinational ...

Solution provided by:
Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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