Delve deeper into currency exchange theory using Sal's hypothetical global trade scenario involving the Chinese Yuan and the US dollar. He references goods manufactured and sold in the countries using supply and demand principles,...

For about the first six minutes Sal reviews the hypothetical global trade scenario from the last video in detail, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...

What is the connection between greed and mercantilism? Historians consider this question by analyzing a fairy-tale like story about King Midas from the nineteenth century. The background information and excerpt help pupils understand the...

In a hypothetical global trade scenario, Sal lays out an import and export relationship between the United States and China. Through supply and demand logic, he describes a situation where the US dollar would weaken and the Chinese Yuan...

Go further into depth with the China-United states trade scenario, this time investigating what the Chinese government does with the dollars they collect. Sal reminds scholars of why the Chinese Central Bank prints Yuan to purchase...

Continuing from the previous video, Sal reviews the China-US trade relationships and the floating currency scenario that should leave the dollar weaker and the Yuan stronger. He explains the reason the People's Bank of China doesn't want...

This short clip is essentially just a review of what Sal has discussed in previous videos about the China-US trade situation. He goes over all the details, discussing the trade imbalance and the way the Chinese government keeps the Yuan...