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ZIMSEC O-Level Economics

6.16.6Foreign exchange

Foreign exchange in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 6.16.6.1Form 4: explain foreign exchange and exchange rates and the relationship between the Zimbabwean currency and other currencies.

Lessons

  • Foreign exchange rates: appreciation and depreciation

    40 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Foreign exchange: sample question

1 mark

The exchange rate of the mara, a fictional currency, changes from US$1 = 40 mara to US$1 = 50 mara. What has happened?

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