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Macro: Unit 5.2 -- The Foreign Exchange Market

Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Explain how exchange rates work - Discuss currency appreciation and depreciation and how it impacts the price of imported and exported goods - Practice calculating currency conversion at a given exchange rate - Define foreign exchange demand - Explain the factors that contribute to the inverse relationship between exchange rates and currency demanded - Define foreign exchange supply - Explain the factors that contribute to the positive relationship between exchange rates and currency supplied - Identify the 4 components of foreign exchange supply and demand - Use graphs to analyze how a change in currency demand will impact exchange rates - Use graphs to analyze how a change in currency supply will impact exchange rates Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/P... Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram --   / youwillloveh.  . Facebook --   / youwilllovehi.  . Subscribe to our YouTube Channel:    / youwillloveeconomics   Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil...