f-1. How many Swiss francs can you get for a euro? (Round your answer to 4 decimal places, e.g., 32.1616.) f-2. What do you call this rate?

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Here are data for the U.S. balance of payments in a given year. All figures are in billions of dollars. Answer all of the following: a.The balance of trade in goods and services is $____billion. Balance of trade= (1635+709)-(478+2371)= -505 b. The current account balance is $____billion. Current account= (-505+218)= -287. (-287-124)= -411 c.The capital and financial account balance is $____billion. Capital and financial account= (1044-632)=412. (412-1)=411 d. The overall balance of payments balance is $____ billion. Explain why this must be so. balance of payments= -411+411= 0 Here's is the information table:  Foreign purchases of US assets - 632 Goods imports - 2,371 Service imports - 478 Net investment income +218 Service exports +709 Goods exports +1,635 Balance on the capital account -1 Net transfers -124 US purchases of assets abroad +1,044 Can you please check if my answer is correct and explain to me why answer d the overall balance of payments must be so?

The following currency rate: C$1.2948/$ is ..   A direct quote from the perspective of the U.S.   An indirect quote from the perspective of Canada   A direct quote from the perspective of Canada   An indirect quote from the perspective of the U.S.   Both c and d are correct

Answer last two questions

You and your friends decide to go camping in Costa Rica over the summer, and you reserve your campground with 10% down on your credit card with the rest to be paid in local currency when you arrive. Between now and arriving in Costa Rica, which of the following would be best for you economically? A.The Costa Rican colón appreciates relative to the US dollar. B.The US dollar depreciates relative to the Costa Rican colón. C.The US dollar and the Costa Rican colón do not change in value relative to each other. D. The US dollar appreciates relative to the Costa Rican colón.

Suppose Argentina gets inflation under control and the Argentine inflation rate decreases substantially. What would likely happen to the demand for Argentine pesos, the supply of Argentine pesos, and the peso/U.S. dollar exchange rate?

How much of their local currency would someone from UK (local currency is Pound) need to buy an iPad that is being sold for #=$500 in the US?

A Canadian professor is paid to teach a summer course in Singapore for 8 weeks. How is the transaction recorded on Canada's balance of payments accounts? debit: service trade; credit: capital and financial account debit: income balance; credit: capital and financial account debit: capital and financial account; credit: service trade debit: capital and financial account; credit: income balance

21. What does Foreign Exchange mean? Why do we see currency fluctuations?