Currency Effect on Trade

Delve deeper into currency exchange theory using Sal's hypothetical global trade scenario involving the Chinese Yuan and the US dollar. He references goods manufactured and sold in the countries using supply and demand principles, explaining how a currency could appreciate and depreciate. The focus here is to explain that if there is a trade imbalance the exchange rate for the currencies involved will change accordingly.

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Resource Details

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