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This powerpoint is purposefully made for A Level Economics using the most recent Cambridge syllabus.

It fully covers - 11.2 Exchange rates

11.2.1 measurement of exchange rates:
• distinction between nominal and real exchange rates
• trade-weighted exchange rates
11.2.2 determination of exchange rates under fixed and managed systems
11.2.3 distinction between revaluation and devaluation of a fixed exchange rate
11.2.4 changes in the exchange rate under different exchange rate systems
11.2.5 the effects of changing exchange rates on the external economy using Marshall-Lerner and J curve analysis