Have you ever wondered what happens to a U.S. exporter when the value of the U.S. dollar drops? Is it good for the exporter? or is it bad for the exporter? ... think for a moment...
Welcome to Foreign Currency, Currency Exchanges, and Currency Valuations
Watch this video, take some notes.
https://youtu.be/ezY33u8V8V8
Assignment Instructions and Requirements
Ready? After you watch this video, for this assignment I'd like to hear your perspective ( Yes, your own Balcony View) regarding a real-worldcase involving How China is managing the value of its currency; then answer these questions:
1- What do you think about China's currency manipulation? If is good or bad for us here in the U.S.? why or why not
2- What would be the implications for American businesses and exporters if we lower the value of the U.S. dollar?
3- What would be the implications for American businesses and exporters if we increase the value of the U.S. dollar?
250 words