The same pair of shoes costs $200 in the U.S., 22,000 Japanese Yen, £130 British pounds and 190 Euros. What are the Yen/$, £/$ and €/$ exchange rates if the Law of One Price holds?

You are a U.S. importer who buys goods from many different countries. How many U.S. dollars do you need to settle each of the following invoice 1,000,000 Australian dollars for wool blankets (exchange rate:           A$1=$.769  Domestic currency value = foreign current price x exchange rate USD = 1,000,000 AD x .769 USD exchange rate = 769,000 USD Now help me with the following questions based on the  previous data.  Also help me to understand, how the percentage is calculated to solve a and b  What is the dollar value of the invoices in the previous exercise if the dollar:  a. depreciates 10 percent against the Australian dollar b. appreciates 10 percent against the British pound

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In our pretend world there are two countries - Chile and Switzerland - that are engaged in trade. The firm Switzerland Chocolates Express sells Boxes of chocolate (a good) in Chile. Each Box of Chocolates sells for 6500 Chilean pesos in Chile. In Switzerland, each box of chocolates 11 Swiss Franc to produce. Assume that the firm has 1 million boxes of chocolate to sell. How much money (in Swiss Franc) would the firm make (or lose) on the sale at the following exchange rates: Rate 1: 550 Pesos per Swiss Franc Rate 2: 0.0015 Swiss Franc Per Chilean Peso

Year 2014 2015 2016 US $ $1 $1 $1 British Pound  0.85 0.70 0.60         Based on the Exchange rates above, How might international trade be affected? A)It is cheaper for American to travel to EnglandB)The US will import more from EnglandC)England will export more to the USD)England will import more from the US

If a "Big Mac costs $4.00 in the United States and 200 yen in Japan, then the implied "purchasing-power-parity" exchange rate using the "Big Mac" is __________. If the actual exchange rate in the market is 120 yen = $1, then an economist would say that the actual Japanese yen is __________ in comparison with its "purchasing-power-parity" rate.

Algeria has a negative trade balance of $7 billion. If it is has a positive balance of goods of $10 billion, how much is its balance of services? Instructions: If you are entering a negative number, be sure to include a negative (-) sign. billion %24

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Draw the exchange market where dollars trade for British Pounds, with the equilibrium exchange rate at $1.18 and the equilibrium total amount of Pounds traded at 10 million. a> Assume that people in Britain become pessimistic about visiting, buying from, or investing in the United States. How will this market be affected? (i.e., which curve(s) will shift, and in which direction?) b> What will happen to the equilibrium quantity of Pounds traded after the event in part a? What will happen to the equilibrium exchange rate?

What does it mean by Import surcharge in a balance-of-payments emergency when pertaining to regulating import competition and unfair trade in international law?