1. Ch. 12, 13, and 17 Test is Friday (warm-ups due on day of test)
ECONOMICS: April 3
Warm-up What three countries are involved in NAFTA? How has NAFTA impacted San Antonio and the IH-35 corridor?
--turn in Ch. 17, Lessons 1 & 2 assignment from yesterday (if did not already do so)
--makeup work due beginning of class tomorrow Learning Target In order to understand international trade I will analyze the importance of foreign exchange rates. I will know I have it when I can: (1) explain how a change in the international value of the USD impacts the cost of U.S. imports and exports; (2) interpret the changes in the value of the USD on a foreign exchange (FOREX) market graph; and (3) analyze how changes in the value of the USD impact the U.S. balance of trade.
Ch. 17, Lesson 3: Foreign Exchange and Trade Deficits (HO)
-exchange rates: fixed vs. flexible (see definitions) -S and D of currency in the FOREX market—impact on exchange rates (er) -appreciation and depreciation of the USD leads to trade deficits or surpluses Closure How might changing exchange rates impact travel plans?
Ch. 12, 13, and 17 Test is Friday (warm-ups due on day of test)