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This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.

Specification:

  • Currency, exchange rates, inflation, growth, unemployment, monetary policy, financial markets

Click to read the article and then answer the questions:

Biden should act now on the wrecking-ball dollar

  • What is meant by exchange rate?

  • What is the current exchange rate for the US dollar against the British Pound?

  • What is the reason for the recent appreciation in the dollar?

  • What is meant by the destabilising effects mentioned in the article?

  • What effects does a strong dollar have? Explain with as much detail as possible Use a diagram to help with your analysis

Noaf Al-Diraa, Alperton Community School

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