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After watching the NBC Learn video clip Some U.S. Businesses Profit from a Falling Dollar , consider who benefits and who gets hurt from a falling (depreciating) currency. What factors influence the value in a currency? Use real-world examples to highlight events that have affected currency values.
The value of a country’s currency affects its exports and imports which can have serious consequences for a country’s economy. For this discussion question, use two paragraphs, a) and b) to answer the questions. For paragraph a), discuss who benefits and who gets hurt from a depreciating currency. Make sure you explain your answers fully. For paragraph b), discuss two factors that influence the value of a currency. Pick a country (each student must pick a different country) and tell what the relative values (against the U.S. dollar) of the currency 10 years ago and today were/are and explain why the change in value occurred. As always, do a spell check and reread your posts prior to submitting them to maximize your grade. Have a nice week.
Countries I cannot use: Europe, japan., Mexico, India, Cayman Islands, Moroccan and Canda
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