Purchasing Power Parity
Imagine the last time you traveled abroad. You may remember hearing that goods and services are “cheaper” than in the…
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November 11, 2019
A woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong, Tuesday, Aug. 6, 2019. China's yuan fell further Tuesday against the U.S. dollar, fueling fears about increasing global damage from Beijing's trade war with President Donald Trump. (AP Photo/Kin Cheung)
Currency Manipulation: The Trade War
The foreign exchange market (FOREX), is the heart that pumps the lifeblood of global trade — currency transactions. Without this…
August 20, 2019