Foreign Exchange Rates
Foreign Exchange Rates
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Foreign Exchange Rates
Use an example of a foreign currency and discuss how it has changed in price relative to the U.S. dollar over the last year. Discuss how exchange rates affect domestic economic activity. Include the supply and demand factors that moved the relative prices.
Course Material: Hubbard, R. (2013). Money, Banking, and the Financial System (2nd ed.). New York, N.Y.: Pearson. ISBN: 9780132994910
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