International Trade: Exchange Rate and Balanced Trade

In course

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Description

This lecture by the instructor covers the concepts of exchange rates and balanced trade using a hypothetical scenario where Swiss and Swedish firms trade goods. The lecture explains how different exchange rates impact trade balances and proposes solutions to restore balance, such as adjusting exchange rates to make goods more or less expensive for each country.

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_sngbtwdb

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Ontological neighbourhood

Economics

Macroeconomics: Keynesian economics

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