Council for Economic Education
Econ Ed Link: Exchange Rates and Exchange: How Money Affects Trade
Students learn how currency values are set by supply and demand, and how changes in the value of currency affect international trade. Students then find the value of the Brazilian Real in 2000 and 2002, determine whether the currency has...
Calculator Soup
Calculator Soup: Currency Converter
The Currency Converter uses the European Central Bank foreign exchange rates to calculate the conversion of any amount of one currency into the equivalent amount of another currency.
Texas Education Agency
Texas Gateway: Chapter 5: Comparing Gdp Among Countries
By the end of this section, you will be able to explain how GDP can be used to compare the economic welfare of different nations, calculate the conversion of GDP to a common currency by using exchange rates, and calculate GDP per capita...
Council for Economic Education
Econ Ed Link: The Big Mac Index
How fast can you say "twoallbeefpattiesspecialsaucelettucecheesepicklesonionsonasesameseedbun?" This question was asked of millions of TV viewers in the now famous 1970s McDonald's television commercial promoting the Big Mac.