Saturday, December 02, 2006

Unit 3: Exchange rates and the BOP: More on the fall of the dollar

This article from the Independent is great!

a) If the dollar is falling in value, what is happening to the value of the pound?
b)What does the article suggest are the advantages and disadvantages TO THE UK ECONOMY of this change
c) To what extent will the current account of the BOP be effected by the fall in value of the dollar?

http://news.independent.co.uk/business/news/article2032660.ece

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