3 Tutorials that teach Foreign exchange
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Foreign exchange

Foreign exchange

Author: Colton Cranston
This lesson covers the Foreign exchange
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Introduction to Psychology

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Notes on "Foreign Exchange"

Key terms

Foreign Exchange

The amount of a foreign currency obtained by exchanging specified amount of domestic currency.

Fiscal Policy

Typically policy set by a central government authority, whereby

spending by the government is adjusted to stabilize economic activity.


Shortages that result from spending in excess of revenue.

Economic Growth

Measure of the change in real GDP over periods of time;

percent change in value of the sum of goods and services produced in a

country’s natural borders over a specified time interval.


The cost of money; Nominal interest is the prevailing rate; real interest

reflects the prevailing rate adjusted for inflation (real = nominal rate minus the

inflation rate); Return on investment where return varies based on the risk profile

of the investment, time horizon, opportunity cost of a comparable risk-free

investment and inflation expectations.