About This Chapter
Currency Changes in International Finance - Chapter Summary
This self-paced international finance chapter examines concepts related to currency changes. As you work through these short and engaging lessons, you'll explore the ways currency changes affect a variety of factors, including imports, exports, trade deficits and inflation. You'll also take a look at currency crises. The chapter comes with short quizzes to help you strengthen your understanding of the information. You can study the chapter any time that's convenient, and it's accessible on any computer or mobile device. By the end of the chapter, you should be able to:
- Explain how imports and exports are affected by currency changes
- Describe the impact of currency appreciation/depreciation on trade deficits, inflation and unemployment
- Define the concept of currency crisis
- Recognize the causes, effects and solutions for the Asian financial crisis
1. How Currency Changes Affect Imports and Exports
Learn about how currency changes can affect imports and exports. Find out how this affects you. Discover what happens when a dollar is strong compared to other currencies and what happens when it is weak.
2. The Impact of Currency Appreciation & Depreciation on Trade Deficits
In this lesson, we'll examine how currency appreciation or depreciation affects a country's trade deficit. You'll learn about the impact on the domestic economy and explore measures that governments might take to counteract negative effects.
3. The Impact of Currency Appreciation & Depreciation on Inflation
In this lesson, you'll learn about appreciation and depreciation of currencies and examine their impact on the inflation of a country. We'll also identify some of the measures that governments take to counteract the negative effects.
4. The Impact of Currency Appreciation & Depreciation on Unemployment
Can a weaker dollar create jobs in the United States? Does a stronger euro increase unemployment in Europe? In this lesson, learn about the effects of currency appreciation and depreciation on unemployment and explore ways to mitigate them.
5. What is a Currency Crisis? - Definition & Examples
This lesson defines currency crisis. You'll also learn about some of the many causes of currency crises and some recent examples of them from around the world.
6. Asian Financial Crisis: Causes, Effects & Resolutions
The hottest economies in the world during the 1990s were in Southeast Asia. Let's follow along as a currency crisis spread from one country to the next and brought the growth to a halt. It took a very large bailout from the IMF to restore stability.
7. Required Assignments Reminder
Sorry for the interruption to your course progress! We wanted to make sure you knew this course has a written assignment requirement in order to be completed. Read on to learn where to find these assignments and how to submit them.
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Other chapters within the Finance 302: International Finance course
- Foundations of International Finance
- The Balance of Payments in International Finance
- History of Money & Finance
- Globalization & Multinational Firms
- Foreign Exchange Markets
- International Capital Markets
- Risk Management in International Finance
- Hedging & Strategic Decision Making
- Capital & International Financial Management
- International Financial Scams & Crises
- Required Assignments for Finance 302