Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
“We teach teens what we think they ought to know, and we never tell them what they want to know.”
“The groups that have awarded them are all a little different. It's a little hard to single out any one for that, but I think the dedication of this building would have to go toward the top of the list.”