Personal Finance and Global Markets · Applied Economics

Exchange Rates

Analyzing how the value of a currency is determined and its effect on trade balances.

Key Questions

  1. 1How does a fluctuating dollar affect the local tourism industry?
  2. 2What incentives are driving this behavior in currency speculation?
  3. 3Why might a country choose to fix its exchange rate?

ACARA Content Descriptions

AC9EC11K15AC9EC11S09
Year: Year 11
Subject: Economics & Business
Unit: Personal Finance and Global Markets
Period: Applied Economics

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