Foreign exchange and trade (Khan Academy)

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Foreign exchange and trade (Khan Academy)

  • Type: MOOCs & Lectures
  • Content: Videos
  • Platforms: Android, iOS, Web
  • Pricing: Free to Use
  • Concepts: 8

Balance of payments. Current account. Capital account. Currency reserves and speculative attacks.

(1) Balance of payments- current account and capital account


Balance of payments: Current account


Balance of payments: Capital account


Why current and capital accounts net out

(2) Currency reserves


Accumulating foreign currency reserves


Using reserves to stabilize currency


Speculative attack on a currency


Financial crisis in Thailand caused by speculative attack


Math mechanics of Thai banking crisis

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