1. Discuss an example of the terms of trade, and why countries will trade within these limits.
2. Using a website with an example of comparative advantage, discuss a sample problem .
3. Comment on a recent news item related to exchange rates. Can you apply any of what you've learned so far in this course to a better understanding of that news item?
4. Work on a few examples of factors affecting a change in the exchange rate for a particular country, and the effect on the level of imports and exports for that country.