When the exchange rate between two currencies changes, the relative prices of the goods and services traded among countries using those currencies change; as a result, some groups gain and others lose.
Standard detail
5.
Benchmark
Depth 1Parent ID: 83490D97B8E44F82A46FF8003EE4926CStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 5.
- List ID
- 5.
- Standard ID
- 2DDEDB19448340F8B0E61D9A787C1B59
- ASN identifier
- S2604736
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 83490D97B8E44F82A46FF8003EE4926C
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US