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You now understand the economies of the world use a free-floating exchange rate system. This system creates problems and benefits for anyone doing business outside
You now understand the economies of the world use a free-floating exchange rate system. This system creates problems and benefits for anyone doing business outside their own borders. What problems or benefits do you think this relationship might cause for U.S. Importers and U.S. Exporters? Explain fully. Try to use a source to support your opinion. What problems or benefits do you think this relationship might cause for U.S. economic policy makers as they try to manage the macroeconomy? Explain fully. Try to use a source to support your opinion. Explore the U.S. Debt Clock. Our political leaders are aware of these numbers, may talk about being concerned about them, but do not seem to engage in any meaningful actions to reduced either the rate they are growing or any of their magnitudes. How does exchange rate fluctuations impact the U.S. Debt and Deficit? Explain fully. Try to use a source to support your opinion. Do you believe the marginal benefit of our national borrowing is greater than the marginal cost of our national borrowing? Explain fully. Try to use a source to support your opinion
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