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

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