(TBD) Exchange Rates
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Last updated 3:47 PM on 3/15/23
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23 Terms
1
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foreign exchange
- the currency of a foreign country
- the conversion of one country's currency into another
- the conversion of one country's currency into another
2
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exchange rate
- the rate at which one currency will be exchanged for another
- the value of one currency expressed in terms of another
- the value of one currency expressed in terms of another
3
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floating exchange rate system
4
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fixed exchange rate system
5
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managed exchange rate system
6
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pegging exchange rates
7
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appreciation
8
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depreciation
9
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revaluation
10
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devaluation
11
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overvalued currency
12
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undervalued currency
13
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demand-pull inflation
14
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cost-push inflation
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net exports
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export
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import
18
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US dollar
19
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British pound
20
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foreign direct investment (FDI)
21
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portfolio investment
22
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remittances
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speculation
Note 
Flashcards (49)