3pages; *Not Including Title and reference*; APA; Double-spaced 12pt Times

Title: International Trade

Introduction

What is your level of knowledge with regard to free trade?

How does free trade impact (both negatively and positively) the country’s economy?

Exchange Rates

1. Analyze the concept of exchange rate.

2. Explain how the dollar price of euros is determined.

3. Identify a factor that can increase the dollar price of euros.

4. Identify a factor that can decrease the dollar price of euros.

5. Explain why a rise in the dollar price of euros means a fall in the euro price of dollars.

6. Explain the purchasing power parity theory of exchange rates, using the euro-dollar exchange rate as an example.

Quotas

1. Explain why a quota is more detrimental to an economy than a tariff that results in the same level of imports as the quota.

2. What is the net outcome of either tariffs or quota for the world economy?

Conclusion

1 paragraph summation

Reference Page 3 scholarly references needed