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.

Concepts

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trade imbalance, trade, supply and demand, currency exchange

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Additional Tags

floating exchange rate, trade imbalance, currency exchange, supply and demand, social studies

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Resource Details

Grade

11th - Higher Ed

Subjects

Social Studies & History

1 more...

Resource Type

Instructional Videos

Media Length

4:06

Audiences

For Teacher Use

1 more...

Instructional Strategy

Flipped Classroom

Usage Permissions

Creative Commons

BY-NC-SA: 3.0