I’m studying and need help with a Writing question to help me learn.
1) Suppose that Great Britain devalued the pound. A) How would imports and tourism to Great Britain be affected? B) How would the profits of an American bank doing business in London (earning profits in pounds) be affected?
2) How would an appreciation in the value of the dollar affect consumers and businesses in the cities of El Paso, in the United States, and Juarez, in Mexico?
Be sure that your work is thorough and well reasoned – and your own.
500 words, APA format and references please atleast 2