Texas Education Agency
Texas Gateway: Ch. 15: Macroeconomic Effects of Exchange Rate
By the end of this section, you will be able to do the following: Explain how exchange rate shifting influences aggregate demand and supply and Explain how loans and banks can also be influenced by shifting exchange rates.
Texas Education Agency
Texas Gateway: Ch. 15: Macroeconomic Effects of Exchange Rate
By the end of this section, you will be able to do the following: Differentiate among a floating exchange rate, a soft peg, a hard peg, and a merged currency; and Identify the trade-offs that come with a floating exchange rate, a soft...