Historically the value of the dollar has increased when the, Microeconomics

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Historically the value of the dollar has increased when the

Question: Historically, the value of the dollar has increased when the price of oil has risen, and declined when the price of oil has fallen. Explain why this has occurred, taking into account the fact that the US imports about half its oil, whereas Europe and Japan import almost all of their oil.

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Microeconomics: Historically the value of the dollar has increased when the

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