Asian Currency Crisis

1. How did the Asian Currency Crisis Start?

2. What were the major causes for the crisis?

3. Why did it spread to other countries?

4. What damage did the Asian economies suffer as a result of the crisis?

5. How did it affect international trade and exchange rates, i.e. who were the winners and losers?

6. How did it get resolved? Who suffered in the aftermath of the resolution of the crisis?

7. What was the impact of the crisis on the financial markets in the U.S.?

8. Scanning the globe, what country, or group of countries, could have the next currency crisis?