Exchange Rates
A mindmap of the definition, causes and effects of an exchange rate.
- Created by: Sqd3
- Created on: 15-03-15 17:58
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- Exchange Rates
- Definition
- "The price of one currency in terms of another"
- Causes
- Inflation Rates
- High
- Depreciation
- Low
- Appreciation
- High
- Interest Rates
- High
- Depreciation
- Low
- Appreciation
- High
- Current Account Balance
- Deficit
- Surplus
- Deficit
- Speculation
- Inflation Rates
- Effects
- Strong Currency
- Imports = Cheap
- Exports = Expensive
- Weak Currency
- Imports = Expensive
- Exports = Cheap
- Strong Currency
- Definition
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