Exchange Rates and Currency Conversion

Exchange Rates and Currency Conversion

Assessment

Flashcard

World Languages

8th Grade

Hard

Created by

Laura Delgado

FREE Resource

Student preview

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30 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Explain how exchange rates are determined and the factors that cause them to fluctuate.

Back

Exchange rates are determined by supply and demand in the foreign exchange market. Factors include interest rates, inflation, political stability, and economic performance.

2.

FLASHCARD QUESTION

Front

Compare the purchasing power of the U.S. dollar in various countries.

Back

The purchasing power of the U.S. dollar varies based on the cost of goods and services in different countries, influenced by local economic conditions and exchange rates.

3.

FLASHCARD QUESTION

Front

Demonstrate how to calculate currency exchange using given exchange rates.

Back

To calculate currency exchange, multiply the amount of currency you have by the exchange rate of the currency you want to convert to.

4.

FLASHCARD QUESTION

Front

Currency

Back

A type of money issued by a country

5.

FLASHCARD QUESTION

Front

Currency of Canada

Back

Canadian Dollar

6.

FLASHCARD QUESTION

Front

Exchanging currencies

Back

The value might be different for different currencies

7.

FLASHCARD QUESTION

Front

Argentina

Back

Currency: Peso

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