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WorksheetsExchange rate
Total questions: 10
Worksheet time: 13mins
What is a decrease in the value of a currency?
appreciation
depreciation
exchange rate
inflation
What is the value of a nations currency in relation to a foreign country?
Trade Deficit
Foreign Exchange Market
Exchange Rate
Trade Surplus
Whats the relationship between the value of a country's exports and the value of its imports?
Trade Surplus
Balance of Trade
Trade Deficit
Appreciation
Depreciation
What is the increase in the value of a currency?
Exchange Rate
Recession
Absolute Advantage
Appreciation
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 are few things it could buy
It will buy fewer foreign goods
How do you convert U.S. Dollars into another country.
Multiply the exchange rate by # of units
Multiply the # of dollars by the # of units of the other currency, per dollar
Divide the exchange rate by the # of units of other currency
Divide # of dollars by # of units
What is the result of a nation exporting more than they import?
Trade Deficit
Trade Surplus
Balance of Trade
Trade War
What is the relationship between a nations imports and exports?
Free Trade
Trade Barrier
Trade Deficit
Balance of Trade
What is the result of a nation importing more than it exports?
Trade Surplus
Free Trade Zone
Trade Deficit
Trade Barrier
The exchange rate between 2 countries is determined by,
Supply and Demand
Inflation/Interest Rates
Balance Trade
Fixed Percentage
