BBB4M – Unit 1 – Lesson 9: Currency and Foreign Exchange

Overview

Duration

100 minutes

Lesson Objective

  • To learn about the importance of currency to international business.

Lesson Outcomes

  • Explain why citizens or businesses in one country might require the currency of another country.
  • Explain how foreign exchange values are influenced by supply and demand.
  • Explain how an increase (or decrease) in the availability of a currency may cause a decline or rise in that currency’s foreign exchange value.

The Lesson

Sequence

  1. Riddle me this…
  2. Starter: 60 Seconds: How many currencies can you name?
  3. Introduction to Currency [teacher led instruction].
  4. Foreign Exchange Market Game.
  5. Game Reflection Questions [individual task].
  6. Factors Affecting the Value of Currency [teacher led instruction and note taking].
  7. Currency Reflection Questions [individual task].
  8. Review: Summary Question [individual task].
  9. Homework: Exchange Rate Conversion Worksheet.

GlobalGeek Resources


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