Unit 4.5 Exchange rates

IB Economics: Unit 4.5 Exchange rates

An exchange rate is the price of one currency in terms of another set on the foreign exchange markets. Exchange rates are a very important aspect of international trade because international transactions involve currency exchange. Exchange rates also have a powerful influence over the macro and micro economy.textAn exchange rate is the price of one currency in terms of another set on the foreign exchange markets. Exchange...

To access the entire contents of this site, you need to log in or subscribe to it.

Click the free stuff button on the home page to access free pages or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.