Question: Please explain how these factors ( see below) that can affect the value of the pound, influences the U.S. demand for pounds and influences the
Please explain how these factors ( see below) that can affect the value of the pound, influences the U.S. demand for pounds and influences the supply of pounds for sale.
Government Debt dominated in USD, UK GDP/Economic Growth prospects
Monetary Policy
Consumer Confidence and Sentiment
Prices and Inflation
Balances of Payment BOP
Export/Imports
Speculation
Relative Strength of other currencies
Government Intervention
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
