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Discuss how an exchange rate is determined and what South Africa can do to ensure that a depreciating currency does not affect economic growth. in
Discuss how an exchange rate is determined and what South Africa can do to ensure that a depreciating currency does not affect economic growth. in your answer, look at a number of factors, which include the volume traded, the general economic conditions at the time of trade, and, where applicable, government mandates. [50 marks] Discuss an economic strategy that South Africa can develop, which seeks to find a niche within the global economy and identify the type of goods and services that are in abundance to export to other countries. This should be substantiated with specific examples. [50 marks]
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