Global Markets and International Trade · Global Markets
Exchange Rates
Understanding how the value of currency is determined and its effect on exports and imports.
Key Questions
- 1How does a weakening Singapore Dollar affect the cost of living for local residents?
- 2What incentives do exporters have when their national currency depreciates against the US Dollar?
- 3Who benefits and who loses when a country decides to fix its exchange rate?
MOE Syllabus Outcomes
MOE: Exchange Rates and International Finance - S3
Level: Secondary 3
Subject: Economics
Unit: Global Markets and International Trade
Period: Global Markets
Suggested Methodologies
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