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Ganje, Jeela1
Hazlett, Denise1
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Hazlett, Denise; Ganje, Jeela – Journal of Economic Education, 1999
Describes a classroom experiment that demonstrates under what conditions the parallel market rate approximates the free-market value of the domestic currency. Students act as foreign exchange traders in a developing country. Provides results of the experiment and discussion questions. (CMK)
Descriptors: Course Content, Developing Nations, Discussion (Teaching Technique), Economic Factors