You observe a quotation of the US dollar (USD) of RM4.2. You are, however, interested in the number of US dollars per RM (US dollar). Calculate.
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You observe a quotation of the US dollar (USD) of RM4.2. You are, however, interested in the number of US dollars per RM (US dollar). Calculate.
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- Peru is growing relatively quickly and has begun to attract large inflows of foreign direct investment. While Peru relishes the benefit of the inflows, it is concerned about the potential negative effects if the foreign investors pull out their investments quickly. One particular reason for Peru to be concerned is that its banks have taken out large loans denominated in U.S. dollars and European euros from foreign banks. If the foreign direct investment is withdrawn quickly from Peru, what will be the effect on each of these items? A. Peru's money supply - B. Peru's exchange rate with other countries - C. Peru's exports - D. Peru's trade deficit - Answer Bank: No Effect, Increase or DecreaseArtTech exports a specialized machine part to Japan. The price set in Japan is ¥120,000 and the cost incurred in the US is $800. The current exchange rate is ¥120 per dollar. Over a year the inflation rate in US is 2% and the inflation rate in Japan is 1%. The price in Japan increases with the local inflation rate and the cost in the US increases by the US inflation rate. What will be the percentage change in the profit per unit one year later if the exchange rate did not change? [First compute the profit before and after the price/cost changes due to inflation.] -1% -2% -3% If the market exchange rate remains constant while the PPP based exchange rate rises (for rates quoted as dollars per pound) the real exchange rate (dollars per pound) will: Increase Decrease If the nominal exchange rate (dollars per pound) remains constant and the inflation in UK is greater than the inflation rate in the US we can conclude that:…Janice is a U.S. citizen traveling to Mexico with $5,000. She should be exchange her dollars for ____ pesos at an exchange rate of U.S. dollars to Mexican pesos of 0.06. (Note: Round to the nearest one in foreign currency.) a) 52,457 Ob) 91,760 O c) 83,333 d) 74,242 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- You work for the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce. Your supervisor gives you the following U.S. International Transactions Accounts for the Year 20XX (figures are in billions of dollars) and wants it reported in a coherent fashion in accordance with accepted conventions: Investment income payments (27.3); Export of goods 80.6; Balance of services 5.1; Capital outflow (44.5); Imports of goods (110.9); Change in Official Reserves 2; Investment income receipts 24.7; Capital inflow 73.6; Net unilateral transfers (3.3). (a) He wants you to compute the balances of trade, current account, capital account and statistical discrepancy. (b) He also wants you to find out (based on your calculation) if the U.S. is a net debtor or a net creditor and whyThe Tourism Promotion Council of Mexico (CPTM) is convinced that the Country will have income from international tourists of less than 15.55 billion dollars, this is almost 39 percent less than what it registered in the previous year, when it closed with 21 thousand 614 million dollars. In which of the following options is this decrease in foreign exchange for tourism accounted for? a) Consumption b) Government expenses c) Net exports d) InvestmentsAssuming global marketer is from the US and the US dollar to INR dropped from 1 USD= 70 INR to 1 USD= 50 INR. Which of the following is the correct strategy? a. Shift sourcing outside from home country. b. Maximize expenditures in local (host) country currency. c. Buy needed services abroad and pay for them in local currency. d. Bill customers in their own currency.
- The trade weighted exchange rate for the New Zealand dollar is the rate of exchange between the New Zealand dollar and: (Pick either a,b,c, or d) a) The currencies of countries operating floating exchange rates b) the currencies of its main trading partners c) the currencies of its neighboring countries d) the currencies of countries it has trading agreements withA foreign exchange trader with a U.S. bank took a speculative long position of £6,000,000 when the GBP/USD was 1.3233. Subsequently, the exchange rate has changed to 1.3342. If the position is closed now, what is the profit/loss arising from that trade? (USD, no cents)Nn2 Hendry bought a pair of Nike shoes from New York last summer for US $300. On returning back to Canada, he had to pay a custom duty on the shoes at the rate of 15%. And then 10% HST. How much did the jacket cost him? Let the exchange rate be C$1 = US$0.7495. (ANSWER SHOULD BE ONLY A NUMBER)
- The current political and economic crisis deepened in Malaysia in 2021. Many currency forecasters were predicting that the RM would fall an additional 20% from its September 30th value by the end of 2022. Required: 1. What was the percentage change in the value of the RM relative to the US dollar during September 2022? 2. What was the forecast RM/USD exchage rate for end 2022?The exchange rate is the price of one currency in terms of another currency. An exchange rate specifies how many units of one country's currency equal one unit of another country's currency. Suppose the following table forecasts exchange rate data for March 16, 2020, in terms of Canadian dollars per unit of foreign currency. Use the information in the table to answer the questions that follow. NOTE: the options for the first drop down question are (CDN $274.10 or CDN1,824.15 or CDN 1,548.20 or CDN $548.20) the options for the second drop down question are (increases or decreases)If prices grew at a compound growth rate of 5% per annum in the United States and 0.08% per annum in Japan for the past eight years, what exchange rate represents PPP today if the two currencies, eight years ago, were in parity and exchanged at a rate of JPY 109/USD? JPY 207.3/USD JPY 209.9/USD JPY 74.2/USD JPY 73.3/USD
