This multiple choice exercise accompanies “Note on Understanding Exchange Rates.” It is designed to help students strengthen their ability to calculate exchange rates, measure appreciation and depreciation, and analyze how exchange rates affect a firm’s competitive position. This is one of five exchange rate exercises and each covers similar concepts. Registered educators will be able to access the answer sheet.
Understanding Exchange Rates Quiz (E)
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After reading and discussing the material, students should:
- Calculate exchange rates and measure appreciation and depreciation.
- Analyze how exchange rates affect a firm's competitive position.