1. In the 2008 and 2009 global economic crisis, the value of the British pound considerably decreased against the euro. How would this currency news affect Chinese students contemplating university studies at a British university versus one in the Eurozone country? How would it affect exports from Britain?

2. Between 2002 and 2005, the U.S. dollar depreciated against the Canadian dollar and the European dollar. Despite the falling dollar, trade deficits increased between United States and these countries in this same period. Why is the United States importing so much?