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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...