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Q: What is the relationship between the international value of the dollar and foreign trade?
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It makes US produced steel cheaper in the international market. Also it makes oil more expensive which in turn makes foreign steel more expensive in transportation cost. Therefore US steel industries will benefit as a whole.


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President William Howard Taft's foreign policy encouraged American investment in foreign countries and increased trade. What was the name given to Taft's foreign policy?

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How can handicraft industry help increase the country's dollar reserves?

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