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3 Cards in this Set
- Front
- Back
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Current Account |
Part of the balance of payments that records a country's net exports, net income on investments, & net transfers |
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Currency appreciation |
Increase in the market value of 1 currency relative to another currency |
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What are the 3 factors that cause the demand and supply curves in foreign exchange markets to shift? |
1. Changes in the demand for canadian or foreign produced goods & services 2. Changes in the desire to invest in canada or foreign countries 3. Changes in expectations of currency traders about the likely future value of the $ & the likely future value of foreign currencies |
