Assignment:
Current Account Balance and Exchange Rates
Write about the relationship between a) current account balance and exchange rates; b) exchange rates and demand for U.S. government bonds by foreign countries based on the following video:
The relationship between the current account balance and exchange rates of RMB against USD
HYPERLINK "https://www.youtube.com/watch?v=C49USJ9Ffyo" https://www.youtube.com/watch?v=C49USJ9Ffyo
Write briefly about the hard work, risks, and rewards involved in speculative foreign currency trading based on the following video:
Billion Dollar Day - a 1986 documentary about currency (forex) speculative trading
HYPERLINK "https://www.youtube.com/watch?v=mNmbjQhTHnE" https://www.youtube.com/watch?v=mNmbjQhTHnE