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.

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