Saturday, November 21, 2015

Chapter 11, Question 5, Lauren Stevens

Something that I found interesting was the way that The Economist used Big Macs to explain the difference in the worth of currency around the world. It helped me understand it more, because almost every place has a McDonalds with Big Macs, and they're worth more or less depending on how much their currency is worth compared the the U.S. dollar. This comparison will ultimately help me remember how the difference effects exchange between countries, even though the example is using a below average fast food item.

No comments:

Post a Comment