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More cards in this set
Card 6
Front
How can supply side policies be evaluated?
Back
Card 7
Front
Define exchange rate
Back
Card 8
Front
Who decides the value of a currency?
Back
Card 9
Front
What are the 2 main factors that influence the value of a currency?
Back
Card 10
Front
What does demand for the currency in the FEM represents?
Back
Card 11
Front
What does supply of a currency in the FEM represents?
Back
Card 12
Front
What factors increase the demand for the £ and therefore increase the external value of the £
Back
Card 13
Front
What factors increase the supply of the £ and therefore reduce the external value of the £
Back
Card 14
Front
What is free trade?
Back
Card 15
Front
What are the benefits and drawbacks of free trade for consumers?
Back
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