Back to Module

Back to Module
Global Era Issues
Global Era Issues

Contact Us

Back to Module

  1. What Is Monetary Policy?
  2. What Is a Central Bank and What Does It Do for You?
  3. The Global Role of the U.S. Dollar
  4. Understanding Currencies and Exchange Rates
  5. The Global Consequences of Financial Contagion
  6. The Suez Canal Crisis
  7. Monetary Policy and Currencies Module Assessment
  8. Monetary Policy and Currencies Reading List
6 / 8
  1. What Is Monetary Policy?
  2. What Is a Central Bank and What Does It Do for You?
  3. The Global Role of the U.S. Dollar
  4. Understanding Currencies and Exchange Rates
  5. The Global Consequences of Financial Contagion
  6. The Suez Canal Crisis
  7. Monetary Policy and Currencies Module Assessment
  8. Monetary Policy and Currencies Reading List
Monetary Policy and Currencies

The Suez Canal Crisis

Monetary policy can also function as a tool of foreign policy. 

In 1956, the Egyptian government seized the Suez Canal from British control. When the United Kingdom, France, and Israel invaded the country, the United States responded by using financial tools.

Download Transcript
Referenced Module
Monetary Policy and Currencies
Previous
The Global Consequences of Financial Contagion
Next
Monetary Policy and Currencies Module Assessment

Other Modules in this Unit