Summary: The article discusses about the causes and impact of devaluation of the dollar in American and the global economy. The report specifically determines the advantages and disadvantages of dollar devaluation and its impact on the import and export oriented transactions. Also the study points out the relation between currency appreciation and depreciation on the crude oil reserve in the context of the global economy. At the end the study recommends strong Fiscal Policies to be adapted by the Government of United States.

Word Count: 1087

Table of Contents:

Introduction---------------------------------------------------------------------------------------------1

The major effects---------------------------------------------------------------------------------------1

Effect on the economy of South Florida------------------------------------------------------------2

Conclusion------------------------------------------------------------------------------------------------3

Reference--------------------------------------------------------------------------------------------------4

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