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If there is a global switch to the euro or the yuan, American imports could become more competitive, leading to increased economic activity in the US. Dollar or
by joshuaissac 5y ago
If there is a global switch to the euro or the yuan, American imports could become more competitive, leading to increased economic activity in the US. Dollar or not, the United States still has substantial industrial capability.
- scotty79 5y agoDidn't US economy mostly switch to services?
- joshuaissac 5y agoServices account for more than three quarters of the US economy, but its manufacturing sector, which still accounts for more than a tenth of its economy, is second only to that of China. https://www.statista.com/chart/20858/top-10-countries-by-share-of-global-manufacturing-output/ https://www.statista.com/chart/20858/top-10-countries-by-sha...