Country Switzerland Australia Belgium Singapore Finland Germany South Korea Kuwait Vietnam Russia Pakistan United States Price in dollars 184.74 127.85 125.36 121.23 119.11 115.47 112.39 102.33 94.31 80.54 28.96 113.45 X-Rate $1 = 0.89 1.57 0.94 1.37 0.94 0.94 1344 0.31 24550 93.45 279.5 1 This would be foreign currency

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter34: Globalization And Protectionism
Section: Chapter Questions
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Use the excel file above to answer the following question. Which countries have a premium value of the dollar?
Country
Switzerland
Australia
Belgium
Singapore
Finland
Germany
South Korea
Kuwait
Vietnam
Russia
Pakistan
United States
Price in dollars
184.74
127.85
125.36
121.23
119.11
115.47
112.39
102.33
94.31
80.54
28.96
113.45
X-Rate $1 =
0.89
1.57
0.94
1.37
0.94
0.94
1344
0.31
24550
93.45
279.5
1 This would be foreign currency
Transcribed Image Text:Country Switzerland Australia Belgium Singapore Finland Germany South Korea Kuwait Vietnam Russia Pakistan United States Price in dollars 184.74 127.85 125.36 121.23 119.11 115.47 112.39 102.33 94.31 80.54 28.96 113.45 X-Rate $1 = 0.89 1.57 0.94 1.37 0.94 0.94 1344 0.31 24550 93.45 279.5 1 This would be foreign currency
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