CMA1.B2.a. demonstrate an understanding of a nation’s balance of payments
CMA1.B2.c. define trade deficits, identify their causes, and explain their implications
CMA1.B2.d. calculate the balance of payment deficit or surplus
CMA1.B2.f. graphically determine the exchange rate under a flexible exchange-rate system
CMA1.B2.h. infer the effect on the price of goods with a change in the exchange rate
CMA1.B2.i. calculate the effective interest rate on a foreign currency loan
CMA1.B2.j. identify the determinants of exchange rates under a flexible exchange-rate system
CMA1.B2.k. list the advantages and disadvantages of a flexible exchange-rate system
CMA1.B2.m. describe managed floating exchange rates
CMA1.B2.n. analyze the impact of changes in foreign exchange rates on a firm
CMA1.B2.o. identify mechanisms available to firms to mitigate the impact of changes in exchange rate