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.

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Resource Details

Grade
11th - Higher Ed
Subjects
Social Studies & History
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Resource Types
Videos
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Instructional Strategy
Flipped Classroom
Usage Permissions
Creative Commons
BY-NC-SA: 3.0
cc