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Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

The relationship between the current account balance and exchange rates flowsshould leadto appreciation and depreciation of currencies

the onesinfluencethe appreciation and depreciation of currencies

market force(passive) are triggered byCurrency depreciation and appreciation

Current Account : surpluses ( deficitscausecurrency appreciation ( depreciation

to understandcausesappreciation and depreciation of

comparative advantages among countries ... Describe factorscauseappreciation and depreciation of currencies

the interplay of a series of factors(passive) are caused byAppreciation and depreciation of the currency

World financial markets ... Trump 's policiesinfluencecurrency appreciation and depreciation

inflation and erosion of the values of fixed rents and paymentscausedinflation and erosion of the values of fixed rents and payments

fluctuation of a currency valueusually createsfluctuation of a currency value

economic pressures on various governmentscreatingeconomic pressures on various governments

economic such as the Ku Klux Klan KKKcreatingeconomic such as the Ku Klux Klan KKK

inflation and 28causedinflation and 28

a ‘ regime shift ’ toward higher levels of global inflation(passive) possibly triggered bya ‘ regime shift ’ toward higher levels of global inflation

inflation and erosion of the middle agescausedinflation and erosion of the middle ages

the same price fluctuations on the comparative prices of the competing productstherefore ... could causethe same price fluctuations on the comparative prices of the competing products

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Smart Reasoning:

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