K Using the currency cross rate table, convert US$298.00 to Canadian dollars. Canadian U.S. Euro Japanese British Australian dollar dollar pound dollar yen 1.5928 0.0126 1.1604 0.0082 0.0085 Canadian dollar U.S. dollar Euro 1.3899 Japanese yen British pound 0.7195 0.6278 0.8618 79.37 121.95 117.65 0.4423 0.6022 0.6989 0.0051 Australian dollar 1.1005 1.4999 1.7431 0.0124 2.5491 2.2608 0.9087 1.6607 0.6667 1.4309 0.5737 197.98 80.52 0.3923 US$298.00 will purchase C$ (Round to the nearest cent as needed.) ***

Item Exports of goods and services Imports of goods and services Net interest income Net transfers Urland's investment abroad Foreign investment in Urland 30. A) B) Billions of dollars 635 . -555 -18 22 -467 321 02.0 The above table shows some of the balance of payments accounts for Urland. What is Urland's balance in the official settlements account? $405 billion $62 billion $99 billion $37 billion nożli

36. When a country's goods and services are expensive relative to other countries', we say that its currency is ________ in terms of purchasing power parity.   Question 36 options:   a)  irrational   b)  rational   c)  overvalued   d)  undervalued

Using the table below, Exchange Rates US dollar (S) / per currency Country (currency) France (Euro) Indonesia (Rupiah) Uruguay (Peso) 0.25 0.8 2.5 A dryer produced in the U.S. costs $500. determine the dryer's cost in terms of each country's currency? 3. France 4. Indonesia 5. Uruguay ROULATE

If the European euro were to depreciate relative to the U.S. dollar in the foreign exchange market, would it be easier or harder for the French to sell their wine in the United States? Suppose you were planning a trip to Paris. How would depreciation of the euro change the dollar cost of your trip?

a. Calculate the U.S. dollar-Swiss franc exchange rate, Es/franc, and the U.S. dollar-British pound exchange rate, Es, as of June 30, 2010. '$/£' b. What happened to the value of the U.S. dollar relative to the Swiss franc and the British pound between 2009 and 2010? Calculate the percentage change in the value of the U.S. dollar relative to each currency using the U.S. dollar-foreign currency exchange rates you calculated in (a). c. Using the information in the table for the most recent year, calculate the Japanese yen- Norwegian krone exchange rate.