Ruble hits 8-month low against dollar, as falling oil prices and sanctions bite" 1)How do currency exchange rates affect international trade? Discuss why Russia will not see as much impact on trade due to the falling ruble as it would have prior to the invasion of Ukraine. 2)How do falling oil revenues affect the ruble? Look up the exchange rate between the US and the Russian ruble over the past 5 years and discuss it. 3)What are the international trade consequences of the falling ruble? Discuss the impact of the sanctions on Russian citizens