Unit
Topic

Fernando M. Reimers et al.

DE. 2
Exchange Rates and F DI

Themes ICC: interpersonal (empathy and working in intercultural

Region
Length

teams); ICC: intrapersonal (curiosity about global affairs);
ethics: trust in institutions; and economic development
Latin America, with a focus on Argentina

Six weeks

Goals and Objectives

Skills

Learn how exchange—rate fluctuations influence economic growth
through FDI.

Inspire students examine in depth the international financial mar—
ket and its intricacies.

Act as aware students who understand that globalization has its pros
and cons and what the breakdown of trust in institutions looks like.

and Knowledge

Students will learn about core economic concepts concerning free
and floating exchange rates, the various kinds of investment and
their determinants, purchasing power parity, and the Big Mac Index.
Students will become interested in examining how fluctuations
in the international financial market might influence growth and
development.

Students will become aware of and informed about the Washington
Consensus and its role in the Argentinian crisis.

Students will learn about the breakdown of trust in institutions in
the case of the Argentinian Crisis through studying personal stories.

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