1 of 6

Slide Notes

DownloadGo Live

Balance Of Trade

Published on Nov 28, 2015

No Description

View Outline

MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

BALANCE OF TRADE

BY DOMINIQUE X2, ALAYSIA, JOSE, ALDO
2.

Balance of trade: the relationship between a nation's imports and exports
Importance: by balancing trade, a nation can protect the value of its currency on the international market.

Photo by ROSS HONG KONG
3.

Trade surplus: nation exports more goods than it imports
Trade deficit: nation's imports more than it exports

Photo by Richard Clark (Digimist)
4.

Appreciation: an increase in the value of a currency
Example: buying a good from Europe relatively cost more
Depreciation: a decrease in the value of a currency
Example: buying a good from China relatively cost less

5.

Exchange rate: the value of one currency for the purpose of conversion to another
Example: US $ = 1.1050

Photo by Chris Yarzab
6.

1.Why is the value of the dollar important?
2.How do appreciation and depreciation differ?
3.What would happen to the country without the balance of trade?

Photo by Oberazzi

Friend of Haiku Deck