Scott Jagow: This morning, the dollar is weaker against the euro -- $1.47 buys one euro. Not much fun for American tourists visiting Europe, but it's serious business for European companies. The strong euro is killing their export business. There are rumblings that European companies like Airbus might build a factory in the U.S. And now, the car maker Fiat is saying that.
Marketplace: Fiat takes road to building in U.S.
Tuesday, December 11, 2007
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Some isolationists think the United States is on the losing end when it comes to globalization and outsourcing. This is a great example of yet another benefit of globalization.
A previous story talked about Airbus building an office in the United States, and of course Toyota has had plants here for years.
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