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SS3: ECONOMICS - 1ST TERM

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  1. Economic Lessons from Asian Tigers I
    4 Topics
  2. Economic Lessons from Asian Tigers II
    6 Topics
    |
    1 Quiz
  3. Human Capital Development I
    3 Topics
  4. Human Capital Development II
    2 Topics
    |
    1 Quiz
  5. Petroleum and the Nigeria Economy I
    3 Topics
  6. Petroleum and the Nigeria Economy II
    3 Topics
    |
    1 Quiz
  7. Manufacturing and Construction
    3 Topics
    |
    1 Quiz
  8. Services Industries
    3 Topics
    |
    1 Quiz
  9. Agencies that Regulate the Financial Market
    9 Topics
    |
    1 Quiz
  10. International Trade
    8 Topics
    |
    1 Quiz

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Topic Content:

  • The Foreign Exchange Market
  • Functions of the Foreign Exchange Market

The Foreign exchange market is a market where foreign currencies are bought and sold for the purpose of transferring funds from one country to another.

A foreign exchange market is also a market where foreign currencies are exchanged with the local currency.

Examples of foreign currencies are 

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