Task your young economists with practicing how to identify who demands and supplies dollars in foreign exchanges, as well as recognizing the four shifters of the foreign exchange market and their effect in given scenarios.

Concepts

foreign currency, international trade, macroeconomics, currency, currency exchange, united states currency

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Additional Tags

social studies

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Instructional Ideas

• As an extension activity, have pupils design other scenarios (and complementary answer keys) for class members to evaluate and practice in class

Classroom Considerations

• The video was designed to reinforce an understanding of the shifters of foreign exchange, rather than to teach it as a new concept

• This video is hosted on YouTube

Pros

• Presenter appeals directly to AP macroeconomic students, explaining the foreign exchange graph as one of the five key graphs they will need to know for the AP exam
• Includes text overlays throughout video that students can use as notes

Cons

• None

Common Core

RH.11-12.4 RH.11-12.7