A-Level Economics · Syllabus 11.2
Exchange rates
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InteractiveMeasuring Exchange Rates: Nominal, Real and Trade-Weighted11.2.1 · The nominal exchange rate, the real exchange rate that adjusts for relative prices and the trade-weighted index, with animations, labs and past paper practice.Open →
InteractiveFixed and Managed Exchange Rate Systems11.2.2 to 11.2.4 · How a peg is defended, managed floats, devaluation and revaluation and how the rate changes under each system, with animations, labs and past paper practice.Open →
InteractiveMarshall-Lerner and the J Curve11.2.5 · How a depreciation affects the current account: the Marshall-Lerner condition and the J curve, with animations, labs and past paper practice.Open →
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