Chapter 8 - The Open Economy: International Trade and Finance
0.0(0)
Studied by 0 people0.0(0)
View linked note
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/3
Earn XP
Description and Tags
Last updated 4:48 PM on 4/5/22
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
3 Terms
1
New cards
International transactions
________ necessitate the existence of a market- the foreign exchange market- where currencies can be swapped for one another.
2
New cards
power parities
Purchasing ________ are commonly calculated by estimating the cost of purchasing broad market baskets comprising a variety of products and services, such as autos and food, as well as housing and telephone calls.
3
New cards
Exchange rates
________, or the prices at which currencies trade, are determined by this market.
Flashcards (40)