Elyse Melling, Chapter 11, Question 6

I thought it was really interesting how Wheelan said "Even little kids trading snacks in the lunchroom recognize that what you give up should be worth what you get back" (Wheelan 262). This is really a small scale example of one of the primary components of economics: trading/exchange rates. When trading with other countries or exchanging money in another country, we want what we give to be fairly equal to what we get in return or else someone is getting a bad deal.