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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11th - Higher Ed
Social Studies & History
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For Teacher Use
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Flipped Classroom
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BY-NC-SA: 3.0