The Virtual Learning Arcade is a series of models and simulations on various economics and business topics. Each simulation has a range of supporting materials including interactive worksheets, theoretical explanations and multiple choice questions. This simulation is based on the trade balance and the exchange rate.
The Trade Balance and the Exchange Rate | |
The simulation
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This link gives you access to the simulation.
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Background information
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This link gives you access the issues surrounding the simulation.
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The effects of changing the inputs of the simulation
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These links include interactive self-assessment questions looking at the effects of each change
- An appreciation of the currency
- A depreciation of the currency
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Further questions
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These are traditional question types where the answers can include information on the simulation.
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