Economics - Exchange rate
Excel document:
Sheet 1: fall in exchange rate and the impact on exports of elastic goods and inelastic good
Sheet 2: fall in exchange rate and the impact on imports of elastic goods and inelastic good
Sheet 3: rise in exchange rate and the impact on exports of elastic goods and inelastic good
Sheet 4: rise in exchange rate and the impact on imports of elastic goods and inelastic good
The students will have an understanding of changes in the exchange rate and how it impacts the balance of payment depending on the elasticity of the good exported and imported.
The calculations help the students to provide proof of the impact on the economy and make accurate judgments.
Excel document:
Sheet 1: fall in exchange rate and the impact on exports of elastic goods and inelastic good
Sheet 2: fall in exchange rate and the impact on imports of elastic goods and inelastic good
Sheet 3: rise in exchange rate and the impact on exports of elastic goods and inelastic good
Sheet 4: rise in exchange rate and the impact on imports of elastic goods and inelastic good
The students will have an understanding of changes in the exchange rate and how it impacts the balance of payment depending on the elasticity of the good exported and imported.
The calculations help the students to provide proof of the impact on the economy and make accurate judgments.
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