Complete Lesson.
- Foreign exchange rate - Meaning, Types, Difference, Merits and Demerits Determination, etc * ’ppt’ IGCSE Economics & Business Studies.
- I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. 'Class Activities. ‘Keyword(s) Search, with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Define foreign exchange rate - Floating and fixed systems. Determine foreign exchange rate in exchange market - by the demand for and supply of a currency in the exchange market and determine the equilibrium foreign exchange rate. Causes of exchange rate fluctuations - including changes in demand for exports and imports, changes in the rate of interest, speculation, and the entry or departure of MNCs. Consequences of exchange rate fluctuations - effects of exchange rate fluctuations on export and import prices and spending on imports and exports via the PED. Floating and fixed foreign exchange rates - the difference between, and the advantages and disadvantages of, a floating exchange rate and a fixed foreign exchange rate system. ‘Class Activities, 'Keyword(s) Search, with Answers.’
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