10. Foreign Exchange The basics Long run / PPP Short run / Demand & Supply Gov’t intervention The basics Long run / PPP Short run / Demand & Supply Gov’t.
PROBLEMS Return to Capital Remain High. Saving Rate Remain High. Foreign Surplus growth fast. How to Solve This Puzzle ?
1 “Getting Paid for Your Exports in a Challenging Global Economy” Lansing, MI November 17, 2011 Bill Richeson, CTP Senior Vice President International.
