[Series 65] 7, International Economics and Balance of Payments cover art

[Series 65] 7, International Economics and Balance of Payments

[Series 65] 7, International Economics and Balance of Payments

Listen for free

View show details

About this listen

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How a strengthening U.S. dollar negatively impacts U.S. exporters and benefits U.S. importers. - The direct relationship between a strong dollar and a U.S. trade deficit. - How a weakening U.S. dollar can help reduce a trade deficit by making exports cheaper and imports more expensive. - The concept of the balance of payments, including the current account and the difference between debits (money out) and credits (money in). - The connection between Federal Reserve monetary policy, interest rates, currency strength, and the balance of trade.
No reviews yet