Real Exchange Rates, Nominal Exchange Rates, and Purchasing Power Parity (In a Single Video)

Описание к видео Real Exchange Rates, Nominal Exchange Rates, and Purchasing Power Parity (In a Single Video)

What is the relationship between changes in a country's exchange rates and net exports? It is not as straightforward as you might think. To answer the question, economists focus in on real exchange rate changes, not nominal exchange rate changes.

This video is made for 1st year college students or AP/IB Economics students. It focuses on foundational economic concepts.

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