100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

ECS3703 Assignment 2 Semester 2 |COMMENDABLE ANSWERS|– DUE September 2025

Rating
-
Sold
-
Pages
10
Grade
A+
Uploaded on
20-08-2025
Written in
2025/2026

ECS3703 Assignment 2 Semester 2 |COMMENDABLE ANSWERS|– DUE September 2025 Assuming that South Africa trades with China, use a fully labelled diagram to explain what would happen to China's foreign exchange market if the Chinese government decides to increase the tariffs imposed on South African exports to China.

Show more Read less









Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
August 20, 2025
Number of pages
10
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

ECS3703
Assignment 2

Semester 2
DUE September 2025

, Question 1 (15)

Diagram (market for ZAR in China)




• Vertical axis: exchange rate in RMB per ZAR (¥/R).

• Horizontal axis: quantity of ZAR traded in China.

• D₀: initial Chinese demand for ZAR (from Chinese importers buying South African
goods).

• S₀: supply of ZAR (from South Africans demanding Chinese goods/assets and
supplying rand in exchange for RMB).

• A tariff increase on South African exports to China reduces Chinese imports from
SA → demand for ZAR falls → D shifts left to D₁.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
FocusZone University of South Africa (Unisa)
View profile
Follow You need to be logged in order to follow users or courses
Sold
383
Member since
6 months
Number of followers
2
Documents
506
Last sold
1 week ago
Focus Zone

On this page you will find Uploads and Package Deals by the seller FOCUS ZONE.

4,3

57 reviews

5
33
4
11
3
11
2
0
1
2

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions