Dr. Franz, I love what you’re doing with this channel! Keep up the good work. Thanks again for all your help getting me through to graduation this May!
Suppose 1) Hershey's were the only US export and 2) nobody in UE wants Hershey's because of its taste no matter the price, what would be the exchange rate?
All else equal, the supply of euro (also the demand of the dollar, I hope you can see this) will decrease. As a result, the euro will appreciate against the dollar. This is assuming consumers in the US do not prefer Lindt or Hershey; only the consumers in EU dislike Hershey. Best luck!
Dr. Franz,
I love what you’re doing with this channel! Keep up the good work. Thanks again for all your help getting me through to graduation this May!
Lovely explanation, watched lots of videos before this one to try and understand and this is the only one that's done the job. Thank you :)
Dr Franz, i really enjoy your teaching technic. Keep up the good work and create more videos. Thank You
You’re welcome. Happy learning!
SO HELPFUL thank you so much!!
Thank you so much! This was really helpful!
Will definitely check more of your explanations🤗
You’re welcome!
Thanks Iris
Thank you, This helped a lot!!
Glad to help!
Great explanation thanks!
Suppose 1) Hershey's were the only US export and 2) nobody in UE wants Hershey's because of its taste no matter the price, what would be the exchange rate?
All else equal, the supply of euro (also the demand of the dollar, I hope you can see this) will decrease. As a result, the euro will appreciate against the dollar. This is assuming consumers in the US do not prefer Lindt or Hershey; only the consumers in EU dislike Hershey. Best luck!
Soooooo nice
🔥🔥