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20 Sep 2012  |  North America
The U.S. Debt Downgrade and GCC Currencies: Is the Exchange Rate Peg to the U.S. Dollar Sustainable?
The United States is a major security and military partner of the GCC. Between 2000 and 2010, the diversification trends among the GCC economies helped to promote bilateral trade with the United States in areas such as crude oil and natural gas production, exploration, construction, and financial services. The long-term cyclical correlation between...
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