E-Commerce Operations using Econometric Modeling to Combat Currency Wars

Abstract

The objective of the article is to identify E-Commerce operations to face own actions in currency war. The devaluation of national currencies is beneficial for exporting companies operating in countries where their currencies hold less than the dollar. Companies with E-Commerce business models, gather competitive facilitators for search and negotiation with suppliers of nations in which the difference between the value of their currencies of origin against the dollar, It promotes the generation of significant profits that benefit not only businesses but also local economies. Faced with a globalized economy, taking advantage of the opportunities of foreign exchange markets, allows the observation of actions that allow to execute operations, in the case of this article, through companies with E-operationsCommerce, directed to the adaptation and benefit of the policies established by the central banks of the nations and the same Federal Reserve of the United States, The Committee of the Regions is of the opinion that the European Parliament should be consulted on this issue.