The Trade Balance and the Exchange Rate
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MERLOT II




        

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The Trade Balance and the Exchange Rate

        

The Trade Balance and the Exchange Rate

Logo for The Trade Balance and the Exchange Rate
The objective of this simulation is to investigate how the exchange rate will influence the trade balance (exports minus imports) on the Balance of Payments. The input variables include the price elasticity of demand for imports and exports, the original quantity of imports and exports and the change in the exchange rate. The output area includes the original and new trade balance, and the new level of exports and imports. Also included are background information and discussion questions.
Material Type: Simulation
Date Added to MERLOT: July 09, 2002
Date Modified in MERLOT: August 23, 2012
Author:
Send email to bized-info@bized.ac.uk
Submitter: Cathy Swift

Quality

  • Reviewed by members of Editorial board for inclusion in MERLOT.
    Editor Review
    Very good quality; in queue to be peer reviewed
    avg: 5 rating
  • User Rating (not rated)
  • Comments (none)
  • Learning Exercises (1)
  • Personal Collections (5)
  • Accessibility Info (none)

About

Primary Audience: College General Ed
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Creative Commons: unsure

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