Custom Writing Service: Demonstrate how exchange rates are determined by the supply and demand for currency arising from international trade.
- Explain the concept of balance of payments, and evaluate the implications of balance of payments surpluses and deficits for national economies.
- Explain and evaluate the implications of surplus, balance, and deficit in a current account and capital and financial account.
- Describe the structure and workings of the global foreign exchange market.
- Demonstrate how exchange rates are determined by the supply and demand for currency arising from international trade.
- Explain the determinants of exchange rates in the short, medium, and long term.
