Imports Exports and Exchange Rates

Poll

Mexico's currency is called the ....

La moneda de México se llama...

• Peso

• Dollar

• Yen

• Ruble

Poll

Japan's currency is called the

La moneda japonesa se llama

• Yen

• Dollar

• Yuan

• Pesos

Poll

Japan's currency is called the

• Yen

• Dollar

• Yuan

• Pesos

Poll

Europe's currency is called the ....

La moneda europea se llama...

• Euro

• Dollar

• Yen

• Ruble

Poll

England's currency is called the ....

La moneda de Inglaterra se llama...

• Euro

• Dollar

• Pound Sterling

• Ruble

Poll

Russia's currency is called the ....

La moneda de Rusia se llama...

• Euro

• Dollar

• Pound Sterling

• Ruble

​https://www.oanda.com/currency-converter/en/?from=USD&to=GBP&amount=1

​Use the link to Answer the top part of paper

Multiple Choice

One dollar is the U.S is equal to 17.64 Pesos. Which currency is weaker?

Un dólar estadounidense equivale a 17,64 pesos. ¿Qué moneda es más débil?

• US Dollar

• Pesos

• Niether

Multiple Choice

One dollar is the U.S is equal to 0.31 Kuwait Dinars. Which currency is stonger?

Un dólar estadounidense equivale a 0,31 dinares kuwaitíes. ¿Qué moneda es más fuerte?

• US Dollar

• Kuwait Dinars

• Niether

Drag and Drop

Remitopia begins importing more cakes from America. The value of American currency ​ ​

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. America's Imports ​

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America's Exports ​

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Drag these tiles and drop them in the correct blank above

appreciates

increase.

decrease

does not change

depreciates

Drag and Drop

Phones that are made in China are being bought more/becoming popular for American citizens. The value of American currency ​

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. America's Imports ​

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America's Exports ​

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Drag these tiles and drop them in the correct blank above

depreciates

appreciates

decrease.

increase

does not change

​LET'S REVIEW

Multiple Choice

What is the term used to describe the value of one currency relative to another?

• Currency value

• Exchange rate

• Relative value

• Economic ratio

Drag and Drop

TVS that are made in Korea are being bought more/becoming popular for American citizens. The value of American currency ​

Placeholder

. America's Imports ​

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America's Exports ​

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Drag these tiles and drop them in the correct blank above

depreciates

appreciates

decrease.

increase

does not change

Drag and Drop

Oliverland begins importing more cars from America. The value of American currency ​ ​

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. America's Imports ​

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America's Exports ​

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Drag these tiles and drop them in the correct blank above

appreciates

increase.

decrease

does not change

depreciates

Multiple Choice

One dollar in the U.S is equal to 17.64 Pesos. Which currency is weaker?

Un dólar estadounidense equivale a 17,64 pesos. ¿Qué moneda es más débil?

• US Dollar

• Pesos

• Niether

Multiple Choice

One dollar in the U.S is equal to 298.37 in Sri Lankan Rupees. Which currency is stronger?

• US Dollar

• Sri Lankan Rupee

• Niether

Multiple Choice

One dollar in the U.S is equal to 0.31 in Kuwaiti Dinars. Which currency is weaker?

• US Dollar

• Kuwaiti Dinar

• Niether

Multiple Choice

What is a decrease in the value of a currency?

• Appreciation

• Depreciation

• Inflation

• Absolute advantage

Multiple Choice

What is the increase in the value of a currency?

• Exchange rate

• Recession

• Depreciation

• Appreciation

Multiple Choice

What does it mean when an economist says a currency is stronger?

• It can be exchanged for more of a lesser foreign currency

• It can be converted to prices in any currency

• There a few things it could buy

• It will buy fewer foreign goods

Multiple Choice

An appreciation of a country's currency means that for foreigners this country's goods are

• Cheaper

• More expensive

Multiple Choice

A depreciation of a country's currency means for this country's residents that imported goods are

• Cheaper

• More expensive

Multiple Choice

What might cause the value of the U.S. dollar to appreciate in relationship to the euro?

•  Increased demand for European products in the U.S.

• Increased demand for U.S. products in Europe.

• Increases in the U.S. money supply

• High rates of inflation in the U.S.

Multiple Choice

One advantage of a weak dollar is that… ?

• travel abroad is cheaper for Americans.

• American income tax rates go down.

• Imports are cheaper for Americans to buy.

• American exports increase.

Multiple Choice

If the US dollar is weak, will our exports increase or decrease?

• Increase

• Decrease

Multiple Choice

If the U.S increases imports from Singapore, the U.S. dollar will

• appreciate and the value of money in Singapore will appreciate

• depreciate and the value of money in Singapore will appreciate

• appreciate