9:17 23. A foreign exchange rate constitutes the a price of foeig ounency as i i
ID: 1125643 • Letter: 9
Question
9:17 23. A foreign exchange rate constitutes the a price of foeig ounency as i is desemined hy the World Ba f US ineational trade 24. If 1 U.S. dollar- 11.76 shillings, then one schilling equals $11.76 5.11 25 Given an exchange rate of 80 yen -SI, what is the U.S dollar price of 1 yen? so ycn 26. Appreciation of the U.S. dollar means that the 6, goneral price level in the United Stanes has increased d dollar value is higher in of other cumencies e price of UU.S eports wil a 27. Ain the value of a currency is called an appreciation of the currency: a depreciation of the currency in the value of a currency is called a s eon ofthin C. The anwer cannot be detcrmined fhom the informatio 28. If the U.S. dollar appreciates against the Japanese yen, then a it takes fewer lapanese yen to bry one dell d the prices o US imports from Japan ane mone expeNIE 29· The balance of payments is of the mechandibe and services a nocond of the 30. Abusiness cycle refers to gs and dowm ofExplanation / Answer
23. Foreign exchange rate is the price of oe currency in terms of other country's currency. option b
24. 1 USD= 11.76 shillings, then 1/11.76 USD= 1 shilling
Option d. 0.085
25.
80 yen = $1
1 yen = 1/80 $
option b. 0.0125
26. Appreciation of US dollar means that the dollar value is higher interms of other currencies. option d
27. A rise in the value of currency is appreciation and a fall in the value of currency is called depreciation
28. If USD appreciates against Yen, then USD becomes expensive for Yen and Japanese products are less expensive in terms of dollars. hence option b
29. Balance of payments is a record of country's trade in goods, services and financial assests with the rest of the world
30. business cycle is the fluctuations in the a. level o fcorporate profits
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.