Floating Exchange Resolving Trade Imbalance

In a hypothetical global trade scenario, Sal lays out an import and export relationship between the United States and China. Through supply and demand logic, he describes a situation where the US dollar would weaken and the Chinese Yuan would strengthen. He does clarify that the exchange rate doesn't fluctuate this way in reality.

3 Views 3 Downloads
Resource Details

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