what are the implication of the US raising interest rates and chinese (RMB) becomes a global currency? Does any impact of international trade?
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Assess the possibility for the euro to become another global currency rivaling the U.S. dollar. If the euro really becomes a global currency, what impact will it have on the U.S. dollar and the world economy?
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?