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Exchange rate(匯率)是什么 _2021年ACCA考試FM知識點

來源:東奧會計在線責編:孫茜2021-12-13 14:22:35

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匯率 _2021年ACCA考試FM知識點

【內容導航】

Exchange rate 匯率

【知識點】

Exchange rate 匯率

Exchange rate 匯率

An exchange rate is the rate at which one country's currency can be traded in exchange for another country's currency.

Affects price of a country’s exports:

· Exchange rate falls: exports become cheaper to oversea buyers and so more competitive in export market. Imports become more expensive and so less competitive against good produced.

· Exchange rate increase, opposite effect.

A change in the exchange rate will affect the relative prices of domestic and foreign produced goods and services.

A lower exchange rate

A higher exchange rate

Domestic goods are cheaper in foreign markets so demand for exports increases.

Domestic goods are more expensive in foreign markets so demand for exports falls.

Foreign goods are more expensive so demand for imports falls.

Foreign goods are cheaper so demand for imports rises.

Imported raw materials are more expensive so costs of production rise.

Imported raw materials are cheaper so costs of production fall.

Exchange rates are determined by supply and demand, even under fixed exchange rate systems.

1) Relative inflation rate

2) Relative interest rate

3) Relative income level

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注:以上內容來自Echo老師PM精講班第3講

(本文為東奧會計在線原創(chuàng)文章,僅供考生學習使用,禁止任何形式的轉載)


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