Currency Fluctuations and Exchange Rates Flashcards by Angelina Kar | Brainscape

Q

Currency Fluctuations

A

Are a barrier to international trade.
Uncertainty in trying to price goods and services accurately.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Exchange rate

A

Is the amount of currency in relation to the currency of another country.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Winners of a low canadian dollar

A

Exporters
Canadian retail
Canadian tourism
Canadians can sell more because our dollar is cheaper

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Losers of a low canadian dollar

A

Importers
Canadian travellers
Major sports teams
Costs more to buy out of the country (US) (USD)

How well did you know this?

1

Not at all

2

3

4

5

Perfectly