See? This stuff's a can o'corn now... weak dollar, BMW complains. We'll talk about MNCs next week. (In the meantime, enjoy perspectives on globalization and the IMF from Mr. Nader and Professor Smitka.)
Combine BMW's lamentations with the news yesterday that the Fed raised interest rates, and you'll realize there's lots to think about out in that thar news. BMW might be glad to hear about the Fed's monetary policy, as this might strengthen demand for the dollar, right? This would make the dollar stronger, and BMW would be happy because... why again?
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