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\nUnderstanding Exchange Rates: Basics and Effective Exchange Rates\n

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\nThe video provides a comprehensive introduction to exchange rates, covering basic definitions such as what an exchange rate is, how demand and supply for currency works, and how the exchange rate is determined. The video also discusses...\nThe video provides a comprehensive introduction to exchange rates, covering basic definitions such as what an exchange rate is, how demand and supply for currency works, and how the exchange rate is determined. The video also discusses the factors that can influence the exchange rate, including inflation, interest rates, and confidence in the country's economy. The concept of effective exchange rate indices is also introduced, which measures the average movement of an exchange rate based on weightings reflecting a country's trade with its main trading partners.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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22:39
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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economics, trade, exchange, rates, exchange rate, foreign currency, demand curve, currency, demand, movement, consumers
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Additional Tags

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a-level, lectures, macro, globalisation, and, er, 8.4a, interest rate, upward sloping, generally speaking, credit rating, trading outcomes, quantity demanded, low relative, quantity supplied, currency expressed, average movement, uk consumers, demand increase, point, increase, period, supply, invest, slightly, buying, dollars, goods, market, pretty
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding Exchange Rates: Basics and Effective Exchange Rates\" href=\"/subscription/new\">\"Understanding\n\n
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