Principles of Macroeconomics / Unit 13 MAC 1206 short lesson, about 20 seconds
Who Gains and Who Loses from a Stronger Currency
Captions available
The idea
A stronger home currency hurts its exporters, hurts its residents holding foreign assets, and hurts foreign visitors. It helps foreign exporters selling in, helps its own travellers abroad, and helps foreigners holding its assets.
In practice
A weaker currency reverses all six.
Where people slip
Three groups gain and three lose from the same movement, every time.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
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