Groundbreaking study quantifies economic costs of overvalued dollar
Washington. A new study of the US economy from the Coalition for a Prosperous America (CPA) economics team shows that the US dollar is overvalued by 27 percent. Adjusting the dollar to a competitive level would yield large benefits to the economy, including an estimated $1 trillion in additional GDP and up to an additional 5.2 million new jobs over six years.
Click here to read CPA’s complete Working Paper on the move to a competitive dollar.
Melissa Tallman, Marketing and Communications Director
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