TIA Class reports 24 Oct Exam the Role of Curency markets and their influence over Tourism Balances for several nations with positive Tourism Balances.

Slides:

Advertisements

Similar presentations

The Balance of Payment.

Advertisements

Unit 5 International Trade and Finance

Please read this to yourself. Ever been out of the country? Ever bought something from another country? When you bought goods/services in that foreign.

Fixed Rate System: Preview of Results Recall: i – i* =  -  * = Expected deprec of $ When $ can’t depreciate: i = i* … Monetary discipline  =  * … Price.

Foreign Exchange and Currencies Economics 71a Spring 2007 Mayo, Chapter 6 (skim) Lecture notes 2.6.

Copyright © 2006 Pearson Addison-Wesley. All rights reserved. Chapter 6 International Trade, Exchange Rates, and Macroeconomic Policy.

Balance of payments. The current account Different from a personal current account and refers to trade in goods and services Is in 4 parts; trade in goods.

1 Ch. 32: International Finance James R. Russell, Ph.D., Professor of Economics & Management, Oral Roberts University ©2005 Thomson Business & Professional.

Project on Analysis of India’s Foreign Trade Chapter 1 India and world trade.

1 ECONOMICS 3150M Winter 2014 Professor Lazar Office: N205J, Schulich

Foreign Exchange Exchange Rate = Relative Price of Currencies.

Practice 1. U.S. income increase relative to other countries. Does the balance of trade move toward a deficit or a surplus? -U.S. citizens have more disposable.

MECHANICS OF FOREIGN EXCHANGE (FOREX). FOREIGN EXCHANGE (FOREX) The buying and selling of currency Ex. In order to purchase souvenirs in France, it is.

HES-SO Valais-Wallis Page 1 Tourism balance of payments and long-term strategies Module 713 – International Tourism exchanges Instructor: Dr. James N.

BALANCE OF PAYMENTS. Definition an accounting record of transactions concluded between all domestic and foreign entities (individuals, businesses, government.

Foreign Exchange Rates: the value of one currency in relation to another currency Can be expressed as currency vs. one dollar or as the dollar value.

Balance of Payments : When American citizens and firms exchange goods and services with foreign consumers and firms, payments are sent back and forth through.

Types of trade  Getting started P160 i. Visible trade = international trade in goods → balance of trade or visible balance = visible exports (X) – visible.

Copyright ©2001, South-Western College Publishing Contemporary Economics: An Applications Approach By Robert J. Carbaugh 1st Edition Chapter 17: International.

‘Strong’ vs. ‘Weak’ Currency Exchange Rates: The price at which currency can be bought and sold.

International Trade Mechanics of Foreign Exchange (FOREX)

Chapter Global Markets and Marketing Global Markets and Marketing 5 The significance of international marketing to firms. What makes foreign markets attractive.

Chapter 5: Foreign Exchange Markets and the Balance of Payments

Primary question: Under what circumstances does devaluation improve the trade balance (TB)? Secondary question: If the currency floats (i.e., no foreign.

Before Activity Think-Pair-Share –List imports & exports of the U.S.

Eco 200 – Principles of Macroeconomics Chapter 7: Foreign Exchange Markets and the Balance of Payments.

Balance of Payments A record of Australia’s transactions with the rest of the world over a period of time BOP has two accounts - Current Account (non-reversible.

Purchasing power parity (PPP): The Law of One Price … in long run A good should cost the same in all countries (aside from tariffs or transportation costs)

International Trade and Finance: Foreign Exchange Market AP Economics Mr. Bordelon.

Balance of Payments Current Account (NX) –Export-Import & Investment Income Capital Account –Foreign purchase of US assets – U.S. purchase of foreign assets.

Céline Reusser and Gabrielle Pasche. Incoming in Switzerland  Tourism = important source of income  19 th for the best destinations  Major employer.

Copyright © 2003 by South-Western/Thomson Learning. All rights reserved. CHAPTER 10 How Exchange Rates Are Determined.

1 Objective – Students will be able to answer questions regarding foreign exchange. SECTION 1 Chapter 38- Foreign Exchange © 2001 by Prentice Hall, Inc.

Foreign Exchange (FOREX) The buying and selling of currency – Ex. In order to purchase souvenirs in France, it is first necessary for Americans to sell.

Balance of Payments Records New Zealand's international transactions with the rest of the world International transactions include the value of – Inflows.

CURRENCY APPRECIATION & DEPRECIATION BALANCE OF PAYMENTS Foreign Exchange Markets.

Module The Foreign Exchange Market KRUGMAN'S MACROECONOMICS for AP* 42 Margaret Ray and David Anderson.

Copyright ©2003, South-Western College Publishing Contemporary Economics: An Applications Approach By Robert J. Carbaugh 2nd Edition Chapter 17: International.

AP Macroeconomics Mechanics of Foreign Exchange (FOREX)

Primary question: What is the effect (dTB/dE) of a devaluation on the trade balance? Secondary question: How much must the exchange rate (E) change to.

36 Exchange Rates, the Balance of Payments, and Trade Deficits.

36 Exchange Rates, the Balance of Payments, and Trade Deficits.

Foreign Exchange (aka. FOREX)

Aim The aim of this game is to play the part of a currency trader and to trade different currencies to increase the value of your currency holding. You.

Influences on Exchange Rates…

Review 10.1 Exchange RATES.

WILL THE WEAK DOLLAR CONTINUE TO PROVIDE BENEFITS TO NORTH CAROLINA?

Exchange Rates.

WARNING!!!!!!!!!!!!!!!!!!!!!!!!! THE MOST IMPORTANT FACTOR IN DETERMINING FOREIGN EXCHANGE IS INTO WHICH NATION IS THE MONEY FLOWING. The currency of.

Capital Flows and the Balance of Payments and The Foreign Exchange Market Lesson 39 Sections 41, 42.

Eco 200 – Principles of Macroeconomics

International Flow of Funds

FRANCE - BALANCE OF PAYMENTS

International Trade, Exchange Rates, and Macroeconomic Policy

Unit - 4 International Trade.

Measuring the Value of Trade

Warm Up What do exchange rates tell us?.

Accounting, Controlling, Treasury

REVIEW of the BOP.

The Balance of Trade and Balance of Payments

ECONOMICS: May 3 Learning Target In order to understand international trade I will analyze the importance of foreign exchange rates. I will know I have.

Advanced Financial Accounting

Balance of Payments & Exchange Rates

TABLE 15.1 Exchange Rates. TABLE 15.1 Exchange Rates.

Balance of Payments Fundamentals

The Balance of Payments

Mechanics of Foreign Exchange (FOREX)

Mechanics of Foreign Exchange (FOREX)

Further Processing of Data on Trade Flows in IOT

Presentation transcript:

TIA Class reports 24 Oct Exam the Role of Curency markets and their influence over Tourism Balances for several nations with positive Tourism Balances

SNB – Situation in Switzerland

Incoming Stronger Swiss franc Weaker Swiss franc

outgoing

outgoing

Comparison CH / Greece

Conclusion and Solutions Key to improvement of the BOP: innovation Attract new markets and new tourists Keep Swiss tourists in Switzerland Increase tourism exports by creating different incentives. Not more is better, better is better! Take international transportation into account

Works Cited Course Professor James holleran What Is The Balance Of Payments? . (2013, jun 13). Retrieved from Investopedia: http://www.investopedia.com/articles/03/060403.asp TIA Presentation 17th of October The Foreign Exchange Market for Beginners. (n.d.). Retrieved from Go currency: http://www.gocurrency.com/articles/forex-for-beginners Tourism balance of payments 2012 . (2013, jun 21). Retrieved from Federal administration: http://www.news.admin.ch/message/index.html?lang=en&msg-id=49321 Yapa, L. F. (2012, may 13). Urgent need to improve Balance of Payments . Retrieved from The Sunday times: http://www.sundaytimes.lk/120513/BusinessTimes/bt33.html

Works Cited tp://www. bfs. admin Works Cited tp://www.bfs.admin.ch/bfs/portal/fr/index/themen/10/03/blank/key/02/01.html http://www.indexmundi.com/facts/indicators/ST.INT.ARVL/compare?country=ch#country=ch http://data.worldbank.org/indicator/ST.INT.ARVL http://www.euromonitor.com/travel-and-tourism-in-switzerland/report http://www.tourism.australia.com/documents/corporate/Exchange_Rates.pdf