Revision 3.0 / 5 based on 1 rating ? EconomicsExchange rateASCIE Created by: CpLucyCreated on: 28-03-17 10:20 The standard exchange rate Nominal exchange rate 1 of 10 Trading partners weighted Trade weighted exchange rate 2 of 10 Adjusted to the rate and effects of inflation Real effective exchange rate 3 of 10 When supply doesnt meet increased demand Demand-pull inflation 4 of 10 Increase in general price level Inflation 5 of 10 Most accurate exchange rate Real effective exchange rate 6 of 10 Seizing all trade with a country Embargo 7 of 10 Unlimited wants and needs and limited resources fundamental problem of economics 8 of 10 total expenditure on a product weight of the product in the consumer price index 9 of 10 NHS and education State of provision 10 of 10
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