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China and USA: currency wars
Stephanie Flanders explains the economic background to the argument between China and the US about exchange rates. America thinks China is manipulating the value of its currency downwards; China thinks America is being reckless by printing money. All this has an impact on the rest of the world, for example Brazil's currency is too high for comfort. This clip is published as part of BBC News Online and was first broadcast on 9 November 2010. Please note this clip is only available in Flash.
A clear explanation of a very difficult topic. Suited only for A Level Economics. This clip is too complex to be used to introduce exchange rates; it should be used later, when students have a more developed understanding.
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