An [ ] is the price of one currency in terms of another.
conversion factor
interest rate
inflation rate
exchange rate
Flashcards for OCR GCSE Economics Exchange rates, covering the key terms, formulae and calculations you need to recall for Component 01 and Component 02. 23 cards, matched to the OCR GCSE Economics (J205) specification. Recall questions account for roughly 35% of marks at GCSE Economics, so these target the marks you can secure before the paper starts.