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Global Markets and International Trade · Term 3

Exchange Rates: Determinants and Systems

Students will understand how the value of one currency is determined relative to another in floating and fixed exchange rate systems.

Key Questions

  1. Explain the factors that cause a currency to appreciate or depreciate.
  2. Analyze the incentives driving behavior when a currency depreciates.
  3. Compare the advantages and disadvantages of fixed versus floating exchange rates.

Ontario Curriculum Expectations

ON: Global Economic Interdependence - Grade 11ON: Macroeconomics - Grade 11
Grade: Grade 11
Subject: Economics
Unit: Global Markets and International Trade
Period: Term 3

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