08 Jun Question 1 Discuss an example of the ter
Question
1 Discuss an example of the terms of trade, and why countries will trade within these limits.
2 Using a website with an example of comparative advantage, discuss a sample problem .
3 Comment on a recent news item related to exchange rates. Can you apply any of what you’ve learned so far in this course to a better understanding of that news item?
4 Work on a few examples of factors affecting a change in the exchange rate for a particular country, and the effect on the level of imports and exports for that country.
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