Explain in detail how each of the below will effect the value of the £ (against the US$). by Mark Preen https://padlet.com/markpreen184/kt1k6vyp07d5 The first one has been done for you as an example. en-us 2018-01-25 05:12:48 UTC 2018-01-25 05:27:56 UTC hello@padlet.com 1. Currency speculators from the US (that sell US$ and buy £s to make money) think that the value of the £ will increase in the future. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515743 2018-01-25 05:14:36 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515743 2. An increase in British incomes means British buy more from the US. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515806 2018-01-25 05:15:34 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515806 3. Decrease in inflation in the UK compared to the US. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515857 2018-01-25 05:16:16 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515857 4. There is a deterioration in the quality of UK products (compared to the US and other countries). markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515879 2018-01-25 05:16:35 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515879 5. A decrease in US incomes means Americans buy less from the UK. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515936 2018-01-25 05:17:17 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515936 6. Americans decide that they like British products more. i.e. They have a change in taste. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515992 2018-01-25 05:17:59 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224515992 7. Decrease investment by British firms in the US (i.e. decreased Foreign Direct Investment) as investment prospects worsen due to a slowing American Economy. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516045 2018-01-25 05:18:38 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516045 8. More British people decide to go on holiday to America. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516132 2018-01-25 05:19:45 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516132 9. American tourists decide to go on holiday in France rather than the UK. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516147 2018-01-25 05:20:03 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516147 10. The interest rate in the UK increases which makes saving in UK banks more attractive to Americans. Think about 'Hot Money' flows. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516208 2018-01-25 05:20:56 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516208 11. Currency speculators from the UK (that sells £s and buy US$s to make money) think the value of the $ will decrease in the future. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516292 2018-01-25 05:21:55 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516292 12. Decreased investment by American firms in the UK (i.e. decreased Foreign Direct Investment) as investment prospects worsen due to a slowing British economy. markpreen184 https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516367 2018-01-25 05:22:57 UTC https://padlet.com/markpreen184/kt1k6vyp07d5/wish/224516367