Economics class: Russia tightens capital controls on western companies
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Specification:
Monetary policy, exchange rates
Click to read the article below and then answer the questions:
Russia tightens capital controls on western companies
Define capital controls
Define exchange rate
Identify four factors which would increase the demand for a currency
Identify four factors which would increase the supply of a currency
Using a diagram, explain how the exchange rate is determined
Using a diagram, analyse the impact of western sanctions on the value of the rouble
With reference to the chart, compare the Rbs:$ exchange rate during the period shown
The central bank 7-day repo rate has risen to 15%. Using a diagram, and with reference to hot money flows, analyse how speculators would respond according to economic theory
Define the monetary transmission mechanism
Using the monetary transmission mechanism diagrams, analyse the effects of the actions taken by the government and the central back on the real economy
Gavin Clarke, Emmanuel College
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