How much is 50 Euros approximately worth in Brazilian Real?

Currency Value and Trade Balance

Interactive Video
•
Business, Social Studies
•
8th - 12th Grade
•
Hard

Liam Anderson
FREE Resource
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6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
R$ 500
R$ 400
R$ 300
R$ 200
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason why the value of the Brazilian Real is less than the Euro?
Brazil has a stronger economy
Brazil exports more than it imports
Brazil imports more than it exports
Brazil has a higher GDP
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens to the price of the dollar when the demand for it increases?
The price fluctuates randomly
The price increases
The price remains the same
The price decreases
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does Brazil need to exchange its currency for other currencies?
To pay off debts
To buy foreign equipment and goods
To increase its currency value
To support tourism
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a positive trade balance affect a country's currency?
It decreases the currency value
It has no effect on the currency value
It increases the currency value
It makes the currency unstable
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main mechanism that determines the value of a currency?
Demand and supply
International loans
Government policies
Tourism rates
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