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Lesson Plan

Econ Ed Link: Exchange Rates and Exchange: How Money Affects Trade

Curated by ACT

Students learn how currency values are set by supply and demand, and how changes in the value of currency affect international trade. Students then find the value of the Brazilian Real in 2000 and 2002, determine whether the currency has appreciated or depreciated, and predict the effects on imports and exports.

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Concepts
exchange, exchange rate, exports, imports, exchange rates
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Additional Tags
council for economic education, econedlink, econedlink: exchange rates and exchange: how money affects trade
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional