Publication
24 Oct 2007
Since 2002, the dollar has depreciated against a broad basket of currencies and against the euro. This depreciation has prompted some observers to question whether the “cheap” dollar is leading to a “fire sale” of U.S. firms, especially of those firms that can be identified as part of the Nation’s defense industrial base. Congress has displayed a long and continuing interest in foreign direct investment and its impact on the U.S. economy. Since September 11, 2001, Congress has demonstrated a heightened level of concern about the impact of foreign direct investment in critical industries or in sectors that are vital to homeland security.
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English (PDF, 18 pages, 124 KB) |
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Author | James K Jackson |
Series | US Congressional Research Service Reports |
Publisher | Congressional Research Service (CRS) |