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

  1. 1How does a weakening Singapore Dollar affect the cost of living for local residents?
  2. 2What incentives do exporters have when their national currency depreciates against the US Dollar?
  3. 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

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