interest and exchange rates

HideShow resource information
  • Created by: sasha-99
  • Created on: 01-05-15 11:59
imports
goods and services that are brought from abroad.
1 of 7
exports
goods and services that are sold abroad.
2 of 7
calculating exports
times the pound £ by the other currency e.g. $ dollars.
3 of 7
calculating imports
divide the currency by the other currency e.g. £ pounds.
4 of 7
interest rate
percentage reward or payment over a period of time that is given to savers or borrower- paid on loans.
5 of 7
rise in interest
increases the cost of borrowing. (price continues to rise over time).
6 of 7
fall in interest
lowers the cost of borrowing (price will decrese in amount having to be paid)
7 of 7

Other cards in this set

Card 2

Front

goods and services that are sold abroad.

Back

exports

Card 3

Front

times the pound £ by the other currency e.g. $ dollars.

Back

Preview of the back of card 3

Card 4

Front

divide the currency by the other currency e.g. £ pounds.

Back

Preview of the back of card 4

Card 5

Front

percentage reward or payment over a period of time that is given to savers or borrower- paid on loans.

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Finance resources »