Kiera Ziegler, Chapter 11, Question 7

This chapter caused me to look at currency differently. I now see that a country wants to maintain the value of its currency not only for its own economy but so that's it is appealing to the global economy. He used the example that if Mexico's currency had stronger buying power we would exchange our money for pesos so we could purchase more with less and live better.  When Wheelan said "National borders are political demarcations, not economic ones," this provided me with am entirely new view on global economy. The borders make the world seem separated and disconnected; however one thing we all have in common in money. Also, when Wheelan talks about currency exchange, I always though you would just exchange a dollar for a dollar, however that is not the case. The value of each currency must be calculated to know how much to exchange.