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Lecture 6

Economics 1022A/B Lecture Notes - Lecture 6: Foreign Exchange Market, The Foreign Exchange, Canadian Dollar


Department
Economics
Course Code
ECON 1022A/B
Professor
Jeannie Gillmore
Lecture
6

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     1
Macroeconomics 1022B
Lecture Cycle 6 (Chapter 25)
The Exchange Rate and the Balance of Payments
The Foreign Exchange Market

 !!
!
" !
-#$%%&%!!
-'$"&%!!
%!
($!%%!
%&$&
The quanty depends on many factors but the main ones are:
 
) *%!
+ ,
- !
% !!!
%%.$!%%!

- Exchange rate inuences the quanty of dollars demand for 2 reasons:
 /0% 0!
%&%!.$!%%
!
) 12/0% %
2!%%
.$!%%!
2 .$!%%%%

.$!%%%!
%%%&$
&
The quanty depends on many factors but the main ones are:
 
) !
+ ,
- !
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