AS ECONOMICS EXCHANGE RATES

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  • Created by: Jak Lewis
  • Created on: 20-05-14 16:24

The Impact of Exchange Rates – A Summary 

 

 

Depreciation 

Appreciation 

Direction of change 

Fall in the exchange rate 

Rise in the exchange rate 

Exports   

(a) Price: 

(b) Quantity: 

 

Cheaper 

Likely to rise 

 

More expensive 

Likely to fall 

Imports   

(a) Price: 

(b) Quantity:

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