3.2+Exchange+Rates

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Watch the video and answer the following questions.


 * What is happening to Sterling (the pound)?
 * What is the usual relationship between the BoP and exchange rates?
 * Does the data for most countries back this up?
 * Why might you explain the rise in Sterling?
 * What may the effects of the appreciation be?

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HL Exchange Rates

Extension Work ( non Syllabus Material ) media type="youtube" key="S5xqBK6s4bI" width="560" height="315" = = media type="custom" key="28212791" = = =PPP Theory = 

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=Marshall lerner and the J curve =

=<span style="font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 16px;">[|2011- Will Ireland leave the Euro?] =