Last week, 13 Mexican pesos could purchase one U.S. dollar. This week, it takes 11 Mexican pesos to purchase one U.S. dollar. This change in the value of the dollar will ________ net exports from the United States to Mexico and ________ Mexico aggregate demand. A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase
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Last week, 13 Mexican pesos could purchase one U.S. dollar. This week, it takes 11 Mexican pesos to purchase one U.S. dollar. This change in the value of the dollar will ________ net exports from the United States to Mexico and ________ Mexico aggregate demand.
A) increase; increase
B) increase; decrease
C) decrease; decrease
D) decrease; increase
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- You are required to forecast the expected change in the exports to the USA from China and Japan. The spot rate is 200 Japanese yen per yuan. The spot rate 6-months before was 180 Japanese yen per Yuan. The value of Chinese yuan is tied with the US$ and it will be. a. From China remain same, from Japan will increase. b. From China will increase, from Japan will remain same. c. From China remain same, from Japan will decrease. d. From China will decrease, from Japan will remain same. с. Answer OA Submit U: 0.0kB/s ch D: 0.0 kB/s DELLIf the income level in Mexico increases exponentially with stagnant growth in the U.S. income level would most likely lead to (assuming no change in interest rates or other factors) a ____ in Mexican demand for U.S. goods, and the Mexican peso should ____. A. decrease; depreciate B. increase; depreciate C. increase; appreciate D. decrease; appreciateA plant of production capacity of 20,000 metric tons/year cost about U.S. $50 million 10 years ago in Mexico. The same manufacturer wishes to invest in Malaysia for a plant of 45,000 metric tons/year. What is the projected cost in $U.S. if inflation rate in Mexico can be assumed to be at 3% per annum and the ratio of cost index between Mexico and Malaysia is Cost Mx/Cost My = 0.75?
- The Japanese yen increases in value relative to the dollar, moving from 120 yento 110 yen to each U.S. dollar. From the perspective of a U.S. firm that produces in the UnitedStates and exports its product to sell in Japan:a. This is bad news.b. It doesn’t matter.c. This is good newsFinance If the U.S. dollar appreciates relative to the MXN (Mexican peso) over time, the dollar cost to a U.S. firm that buys products produced in Mexico and pays in MXN will _____ _____________ over time. (Answer either be rising or be falling)Last year, your company sold electronic products to Brazil. You are expecting to receive Real 850,000 in 6 months. The following quotations are provided by a currency dealer: In $ per $ Real 0.4200 2.3810 1 m. forward 0.4210 2.3753 3 m. forward 0.4350 2.2989 6 m. forward 0.4115 2.4301 Draw the profit/loss graph for your unhedged position. If the spot rate in 6 months is $0.4000/ Real, what would be your profit/loss for your unhedged position (based on the related forward rate quotation) Describe how you can hedge your currency risk. Draw the profit/loss graph for your long or short forward position. If the spot rate in 6 months is $0.4000/Real, what would be your profit/loss for your long or short forward position. Draw your graph for your…
- Suppose Canada in 2018 has GDP per capita that is 80% of that in the U.S. Assume that GDP per capita in the U.S. grows at 2% per year forever, and in Canada it grows at 3% per year forever. In what year will Canada have the same GDP per capita as the U.S.? (Hint: ln(1.25) ≈ 0.22, ln(1.03) ≈ 0.03, and ln(1.02) ≈ 0.02)A bundle of goods in Japan costs ¥2,642,000 while the same goods and services cost $32,500 in the United States. a. If purchasing power parity holds, what is the current exchange rate of U.S. dollars for yen? b. If, over the next year, inflation is 8 percent in Japan and 10 percent in the United States, what will the goods cost next year? c. Will the dollar depreciate or appreciate relative to the yen over this time period?Richland Crane (B). Richland Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities. Sales are currently 10,000 units per year at the yuan equivalent of USD24,000 each. The Chinese yuan (CNY) has been trading at CNY8.20= USD1.00, but a Hong Kong advisory service predicts the renminbi will drop in value next week to CNY9.20 = USD1.00, after which it will remain unchanged for at least a decade. Accepting this forecast as given, Richland Crane faces a pricing decision in the face of the impending devaluation. It may either (1) maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change; or (2) maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume. Direct costs are 75% of the U.S. sales price. Additionally, financial management believes that if it maintains the same yuan sales price, volume will increase at 12% per annum through year eight.…
- Richland Crane (B). Richland Crane (U.S.) exports heavy crane equipment to several Chinese dock facilities. Sales are currently 16,000 units per year at the yuan equivalent of USD25,000 each. The Chinese yuan (CNY) has been trading at CNY8.50 = USD1.00, but a Hong Kong advisory service predicts the renminbi will drop in value next week to CNY9.40 = USD1.00, after which it will remain unchanged for at least a decade. Accepting this forecast as given, Richland Crane faces a pricing decision in the face of the impending devaluation. It may either (1) maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change; or (2) maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume. Direct costs are 75% of the U.S. sales price. Additionally, financial management believes that if it maintains the same yuan sales price, volume will increase at 12% per annum through year eight.…Assume the United States is an importer of televisions and there are no trade restrictions.US consumers buy 1 million televisions per year, of which 400,000 are produceddomestically and 600,000 are imported,a. Suppose that a technological advance among Japanese television manufacturers causes the world price of televisions to fall by $100. Draw a graph to show how this change affects the welfare of U.S. consumers and U.S. producers and how it affects total surplus in the United States.b. After the fall in price, consumers buy 1.2 million televisions, of which 200,000 are produced domestically and 1 million are imported. Calculate the change in consumer surplus, producer surplus, and total surplus from the price reduction. c. If the government responded by putting a $100 tariff on imported televisions, what would this do? Calculate the revenue that would be raised and the deadweight loss. Would it be a good policy from the standpoint of U.S. welfare? Who might support the policy?d.…A country in Southeast Asia states it's gross domestic product in terms of yen. Last year it's GDP was 50 billion yen when one U.S. dollar could be exchanged into 120 yen. Required : a. Determine the country's GDP in terms of U.S. dollars for last year.