Abstract
D.Com. (Economics)
The objective of the study was mainly to examine the effect of the U.S. dollar on the
competitive advantage of South Africa.The theoretical framework explaining the competitive position of a country in the
global market place was examined in Chapter II. The complexity of the variables
involved is evident from the many different points of view put forward by economists,
not only in respect of the. concept competitive advantage of a country, but also in
respect of the criteria that should be used to evaluate such competitiveness. It is,
however, evident that the phenomena involved in evaluating the competitive position
of a country cannot be separated from the theories explaining the flow of goods and
services between countries. Only a minor part of such flows can be explained in terms
of the traditional international trade theories. Most of the trade over borders occurs
between countries differing very little from each other as far as tastes and factor ...