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Are you ready for the new global economy?

The era of U.S. economic dominance is over, pundits say, and the future of your money is international. Take our quiz to see whether you're really ready.

By David Futrelle, Money Magazine

Score so far

points

Answer: (a) Invest in a foreign-stock fund
When the dollar is falling, foreign-stock funds tend to do well because U.S. investors make money on the exchange rate as well as the underlying investments. Funds that are hedged against currency fluctuation, on the other hand, wouldn't reap the benefits of a favorable exchange rate.

A weak dollar also makes everything from Veuve Clicquot champagne to Toyota trucks to Italian vacations far more expensive for you. Finally, wallpapering your home with dollar bills, while admittedly a bit avant-garde, is still not a wise move financially speaking: Wallpaper will run you about $1 a square foot, but you'll need nine dollar bills to cover the same area.

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