Homework for Saturday, April 17 -- you need the internet!

I heard that you did some treasure hunting last week. I’m sorry I missed it! Your treasure hunt involved currency from different countries, so I thought you should do some research about that. Please read about World Currencies and choose 2 research assignments to do.
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World Currencies

Countries around the world each have their own standard units of exchange. Some are worth more than the Japanese Yen. Some are worth less. They all have names. A few are called dollars, but many have names tied to the history or culture of the individual country. When a traveler enters a country, the currency of that country is needed to pay for food and shelter, transportation and entertainment, goods and services. To get the correct currency before leaving, a traveler must go to a bank and exchange the money from his country for the standard unit of exchange for the country he is traveling in.

An extensive list of the currencies of the world is available at www.xe.com/ucc or www.x-rates.com.

Research Assignments – use the internet for your research (you can ask Mom and Dad to help, of course). Choose TWO questions and answer them in your notebook. (If your notebook is full, you can do this on lined paper.)

1. The standard unit of exchange in Guatemala is the quetzal. What is a quetzal? Why do you think Guatemala honors the quetzal?
2. How many of countries use the dollar as the standard unit of exchange?
3. Pakistan uses the rupee as its standard unit of exchange. What other country uses the rupee? Why do you think these two countries both use the same standard unit of exchange?
4. Most of the countries that are a part of the European Union use a currency called the euro. How many countries use the euro? What countries in the European Union do NOT use the euro?

FINALLY – Doug said that we might have some visitors from other countries in class on Saturday. To prepare for their visit, please write 3 questions that you would like to ask them. Write the questions in your JOURNAL. (You don’t have to do another journal entry – just the questions.)