When we teach our students about exchange rates, it's easy to draw scenarios showing how a falling currency helps exporters and hurts importers and a rising currency helps importers and hurts exporters. But here is a very nicely done graphic courtesy of The New York Times. (HT to the folks at ChartPorn.)
By the way, I'll be on the road until Friday. I probably won't be posting (but one never knows). I'm hoping to have something unusual for Friday's post. Until then, keep checking and commenting. (And don't be afraid to check out the books on my carousel.)
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment