Foreign exchange - Study guides, Study notes & Summaries
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![ECS1601 Assignment 7 (ALTERNATIVE) 2024 - DUE 2 November 2024](/docpics/6502384/671e244744a5d_6502384_121_171.jpeg)
![ECS1601 Assignment 7 (ALTERNATIVE) 2024 - DUE 2 November 2024](/docpics/books/1001004011435460.jpg)
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ECS1601 Assignment 7 (ALTERNATIVE) 2024 - DUE 2 November 2024
- Exam (elaborations) • 13 pages • 2024
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ECS1601 Assessment 7 - Alternative 2024 – DUE 2 November 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... 
Question 1 (5 marks) Maximum word count: 100 words 
1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending bet...
![ECS1601 ASSIGNMENT 7 DUE 02 NOVEMBER 2024](/docpics/6501957/671e0cdc1bd3f_6501957_121_171.jpeg)
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ECS1601 ASSIGNMENT 7 DUE 02 NOVEMBER 2024
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Question 1 (5 marks) Maximum word count: 100 words 
1.1 
Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why it is better to purchase the proudly South African products and also explain the oppor...
![ECS1601 Assignment 7 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED](/docpics/6504602/671e9db2d0764_6504602_121_171.jpeg)
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ECS1601 Assignment 7 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 8 pages • 2024
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ECS1601 Assignment 7 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ,... Question 1 (5 marks) Maximum word count: 100 words 
1.1 
Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and t...
![Learning Unit 6 - The effects of changes in Foreign Exchange Rates](/docpics/5813188/6692acbf9dfe5_5813188_121_171.jpeg)
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Learning Unit 6 - The effects of changes in Foreign Exchange Rates
- Summary • 5 pages • 2024
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This is a summary of the Effects of Changes in Foreign Exchange rates. This will spare you time and give you understanding of the standard, to give you more time to do exercises and practice questions for the coming assessment.
![ECS1601 ASSIGNMENT 7 (COMPLETE ANSWERS) 2024 - DUE 02 NOVEMBER 2024 Course Economics IB (ECS1601)](/docpics/6535934/6723dcec0929d_6535934_121_171.jpeg)
![ECS1601 ASSIGNMENT 7 (COMPLETE ANSWERS) 2024 - DUE 02 NOVEMBER 2024 Course Economics IB (ECS1601)](/docpics/books/1001004011435460.jpg)
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ECS1601 ASSIGNMENT 7 (COMPLETE ANSWERS) 2024 - DUE 02 NOVEMBER 2024 Course Economics IB (ECS1601)
- Exam (elaborations) • 11 pages • 2024
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ECS1601 ASSIGNMENT 7 (COMPLETE ANSWERS) 2024 - DUE 02 NOVEMBER 2024Question 1 (5 marks) Maximum word count: 100 words 1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why it is better to purchase the proudly South African products and ...
![ECS1601 Assignment 7 (ANSWERS) 2024 - DISTINCTION GUARANTEED](/docpics/6504576/671e9d1585e6d_6504576_121_171.jpeg)
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ECS1601 Assignment 7 (ANSWERS) 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 8 pages • 2024
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Well-structured ECS1601 Assignment 7 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Question 1 (5 marks) Maximum word count: 100 words 
1.1 
Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why ...
![ECS1601 Assignment 7 2024 | Due 2 November 2024](/docpics/6532648/6723615a445d1_6532648_121_171.jpeg)
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ECS1601 Assignment 7 2024 | Due 2 November 2024
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ECS1601 Assignment 7 2024 | Due 2 November 2024. All questions answered. Question 1 
1.1. Suppose you live in South Africa and have the option to buy proudly South African 
products or international brands. With reference to the circular flow of goods and services and 
the circular flow of income and spending between households, firms, government and the foreign 
sector, provide an explanation as to why it is better to purchase the proudly South African 
products and also explain the opportu...
![ECS3703 Assignment 2 Semester 2 2024 (Detailed Answers)](/docpics/6115463/66d5dc624c46b_6115463_121_171.jpeg)
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ECS3703 Assignment 2 Semester 2 2024 (Detailed Answers)
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Question 1: Correcting a Trade Deficit Using Exchange Rates 
Explanation: 
A trade deficit occurs when a country's imports exceed its exports. For South Africa, 
this means that more goods and services are being bought from the rest of the world 
than are being sold. To correct a trade deficit, one approach is to influence exchange 
rates. 
Exchange Rate Mechanism: The exchange rate is the price of one currency in 
terms of another. If South Africa has a trade deficit, it may devalue its c...
![ECS2603 Assignment 4 Semester 2 2023 (Solutions/answers)](/docpics/3416778/64ff2874138d2_3416778_121_171.jpeg)
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ECS2603 Assignment 4 Semester 2 2023 (Solutions/answers)
- Other • 19 pages • 2023
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ECS2603 Assignment 4 Semester 2 2023 (Solutions/answers) 
 
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Question 1 
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Question text 
Which of the following statements with regards to inflation are correct? 
Inflation is defined as a sustained increase in the general price level. This implies that for inflation to occur, it is 
sufficient for only the price of oil to increase. 
Inflation is a sustained increase in the general price level. This means that there is an overall increa...
![ECS3703 EXAM October November 2024](/docpics/3726401/653f913bc1b3f_3726401_121_171.jpeg)
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ECS3703 EXAM October November 2024
- Exam (elaborations) • 32 pages • 2023
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ECS3703 October November 2024 Examinations 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
QUESTION 1 [20 Marks] 
With the aid of a diagram, explain how a nation can correct a country’s deficit using devaluation or depreciation. 
QUESTION 2 [25 Marks] 
Assume that South Africa is involved in trade with the United States of America (USA). With 
the aid of a diagram explain what would happen to South Africa’s foreign ...
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