China Pegs to Dollar to Keep Trade Imbalance

Continuing from the previous video, Sal reviews the China-US trade relationships and the floating currency scenario that should leave the dollar weaker and the Yuan stronger. He explains the reason the People's Bank of China doesn't want this trade imbalance, and how they remedy this issue to keep the exchange at the status quo.

Concepts

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trade imbalance, trade, appreciation, deflation, depreciation, exports, imports, inflation, supply and demand, the people's bank of china, currency exchange

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Additional Tags

trade imbalance, currency exchange, chinese central bank, people's bank of china, export, import, inflation, deflation, appreciate, depreciate, supply and demand, social studies

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Resource Details

Grade

11th - Higher Ed

Subjects

Social Studies & History

1 more...

Resource Type

Instructional Videos

Media Length

3:01

Audiences

For Teacher Use

1 more...

Instructional Strategy

Flipped Classroom

Accessibility

Closed Captions

Usage Permissions

Creative Commons

BY-NC-SA: 3.0