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Introduction to Foreign Exchange Markets
Exchange rates are the “prices” of one country’s currency expressed in terms of another country’s currency.Exchange rates are determined through the market forces of supply and demand, just like prices for any good, service, or resource.
This lesson will explore the different determinants of exchange rates, focusing on the markets for Swiss francs in Europe and the market for Euros in Switzerland.
Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
