Explanations
Exchange Rates and Trade with Gita Gopinath
Geoff Riley
29th July 2019
Here is a really clear and hugely relevant short video featuring IMF Chief Economist Gita Gopinath who explains why - because many traded goods and services are priced in US dollars - a depreciation of a country's exchange rate might have little impact on export sales at least in the short term.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
econoMAX - How does Quantitative Easing affect the Exchange Rate
7th November 2013
Beyond the Bike Lesson Resources - Exchange Rates
5th November 2015
The Oil Price and Exchange Rates
11th November 2015
Factors Causing Currency Changes
Topic Videos
Fixed versus Floating Exchange Rates (MCQ Revision Question)
Practice Exam Questions
Introduction to Monetary Policy (Online Lesson)
Online Lessons
Key Diagrams - Managed Floating Exchange Rates
Topic Videos
4.2.6.4 Exchange Rate Systems (AQA A Level Economics Teaching Powerpoint)
Teaching PowerPoints