Bunning: Pound Must Keep Falling to Address Uncertainty

Bunning: Pound Must Keep Falling to Address Uncertainty

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the UK's autumn statement, highlighting its role in the broader economic context, especially in light of Brexit. It examines the potential impact on the UK's GDP and economic model, considering political challenges and the lack of consensus within the government. The discussion extends to the implications of the UK's membership in the customs union and single market, and how these decisions affect finance and the broader economy. The video also analyzes the pound's value, emphasizing the structural issues related to the current account deficit and the role of fiscal policy in addressing economic uncertainty.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could fiscal spending influence interest rates and the currency?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What structural factors are affecting the trading of the pound?

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