Currency trends and collection building

摘要

A headline in the New York Times reads "Good for Europe's exports, not so good for Europe." The article dealt with the decline of the euro against the dollar since early December 2009, and academic librarians purchasing extensively in Europe might have added "Great for U.S. libraries!" The dollar cost of books originating in the euro-zone, that is, in any one of the sixteen European Union countries that have adopted the euro as their common currency, had dropped 10 percent in that period.