18 Week Economics Semester 1 Final

Front

Good for Exports: Weak Dollar, Strong Dollar, Currency Manipulation, Exchange Rates

Back

Weak Dollar

Front

Determines the relative value of currencies

Back

Exchange Rate

Front

Good for Imports: Strong Dollar, Weak Dollar, Currency Manipulation, Exchange Rate

Back

Strong Dollar

Front

China lowers the value of the Yuan

Back

Currency Manipulation

Front

A type of currency exchange rate: The Yuan is tied to the Dollar

Back

Pegged

Front

Consumers benefit from cheaper imported goods

Back

Pro Free Trade

Front

A government sets its currency exchange rate

Back

Fixed

Front

Jobs may be outsourced to lower wage countries. Options: Pro Free Trade, Fixed, Anti Free Trade, Pegged

Back

Anti Free Trade

Front

A tax on imports

Back

Tariffs

Front

More Imports than Exports

Back

Trade Deficit