Currency Effect on Trade
More free lessons at: http://www.khanacademy.org/video?v=5HVCFrXQ9pw
Comments
When they both Exported the Ships Fought to the death and claimed the treasure AAAARG Pirates
Great video. This video explains simply the currency effect on trade. As a forex trader, we know that, currency can be trade worldwide. But yes, there are some currencies which are valuable for every country and popular among all over the world, which are called major currencies. Basically forex people trades most of time with major currencies. I am trading currency with ECNCAPITAL. For me this one is the reliable forex broker.
so, we don't need tariffs after all.
Great info. Thanks!
Thanks for posting
get to the point...too much speaking
He even knows all the three-letter codes: KRW, KPW, CNY. He knows every last one of them. He's always making me feel stupid. :) Silly man. :P
chinadolls!
Great explanation, thanks!
Strong Pound Imports Cheaper Exports Dear (SPICED) visa versa
1:50 United Slates, LOL!
and you could be a bit less colloquial maybe?
dont write out EVERYTHING that you say it makes the video too long
Good explanation, but please stop repeating every other word. I wanted to drill a hole in my skull 5 minutes in.
it simply make sense...thanks Mr. khan.....I.O.U :)
can you build such trade model goes if currency was decided fix all the time ?? what disaster will come?
Does this mean that if a particular country has more exports than imports its currency becomes stronger?
I am an engeneering student and watch your economy videos just for interest. They´re really cool and you are a great teatcher, thanks.
Constant repeating of every sentence makes it sooo anoying to watch this and listen.
Constant ... repeating of ... every sentence makes .... it sooo .... anoying to watch .... this and ... listen.....
You're right, but since the US would also pay China in Yuan (Not dollars) that transaction would have gone the other way around too. Your reasoning is probably correct, but the way he explains it makes it easier to understand and reaches the same basic conclusion (in a mathematic and economic way)