Assume the real GDP of Brazil in 2020 was R 6 billion (Real). If the exchange rate was 1 Real = $0.25, calculate the real GDP of Brazil in US dollars in 2020. Group of answer choices $1.5 billion $24 billion $4 billion $2.4 billion

Q: You have an avocado tree, which grows 400 avocados this year, 150 next year. Your neighbor has an…

A: Current year's Avocados production= 400 Next year's Avocados production= 150 Neighbor's current…

Q: Travis takes two trips to Ecuador. On his first trip, he finds that one US dollar is worth 25000…

A: Exchange rate refers to the amount of domestic currency that required to purchase one unit of…

Q: Q27: In 2020, the exchange rate was ¥6.90=$1. Convert the China GDP of ¥101.6 trillion yuan in 2020…

A: In macroeconomics, the production and allocation decisions regarding an entire country or economy…

Q: If the direct quote for the exchange rate between the US Dollar ($) and Japanese Yen (Y) is written…

A: The direct quote shows the currency where the value of a foreign currency is expressed in per-unit…

Q: The rate at which one currency can be exchanged for another is the exchange rate.   B) Exchage rates…

A: Exchange rate - The exchange tells us about the worth of the currency of one country in comparison…

Q: The pound–euro exchange rate is essentially the price of one euro in terms of pounds. When this…

A: The rate at which one currency is being measured in terms of another currency is known as the rate…

Q: Suppose you have $1,000,000 to invest for one year. One-year interest rate is 1% in Japan and 4% in…

A: A forward-contract is a special kind of contract which is entered in the current-time-period but…

Q: Suppose the U.S. dollar price of a British pound is $ 1.50; the dollar price of a euro is $ 1…

A: A British pound = $1.50 A euro = $1 To get the exchange rate between the euro and the British pound:…

Q: According to the exchange rate market model, what happens to the US Dollar/Australian Dollar…

A: "Exchange rate means the price of one nation's currency with respect to the another nation's…

Q: Suppose the Chinese government wants to set a fixed exchange rate equal to $6.00 per yuan, and the…

A: A fixed exchange rate is a regime used by a government or central bank that restricts the nation's…

Q: Who would demand U.S. dollars in the foreign exchange market? U.S. firms and households wishing to…

A: Foreign Exchange Market: The foreign exchange market can be defined as an  institution which…

Q: Contrast floating exchange rates, a soft peg, hard peg, and merged currency as options that a…

A: A floating exchange rate is when the value of a currency is permitted to fluctuate in reaction to…

Q: Forward exchange rates are useful for those who wish to  1. Exchange currencies at a point in time…

A: The exchange rate is defined as the price of one nation's domestic currency in terms of another…

Q: A small open economy is described by the following equations: C= 50 + 0.75(Y – T) |= 200 -20r NX =…

A: The IS* curve is determined as C + G + I + NX = Y  Y =50 + .75(Y - 200) + 200 + (200 - 20*5) + 200…

Q: If the indirect quote for the exchange rate between the US Dollar ($) and Japanese Yen (Y) is…

A: The direct quote of the exchange rate is that when we express the foreign currency in terms of…

Q: Suppose that the exchange rate between Great British pound and U.S. dollar is 0.78 pounds/dollar.…

A: Given - Exchange rate between the Great British pound and U.S. dollar (e) = 0.78 pounds/dollar Pf =…

Q: An appreciation of the dollar against all currencies in the foreign exchange market would result in…

A: The appreciation of the currency means increase in the value of the currency in relative to foreign…

Q: Q9. Suppose that Malaysians decide to increase their saving. a) If the elasticity of Malaysian net…

A: Meaning of Exchange Rate: The term exchange rate refers to the situation under which a particular…

Q: Byron converted $1,000 to ¥105,000 for a trip to Japan. However, he spent only ¥50,000. During this…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: If you are traveling in China and you purchase a meal that costs 140 yuan and the current exchange…

A: Given:  You are traveling in China, where the cost of meal = 140 yuan. Current Exchange rate = 7…

Q: Suppose a one-year US Treasury bill pays 1.35% and a one-year Germany Treasury bill pays 3.56%.…

A: We are going to calculate the EUR equivalent of 1 million USD to answer this question. Arbitrage is…

Q: If the exchange rate at time t is Et = €1/$.   You invest $1 in an euro asset at t, which has an…

A: Given Information: - The exchange rate is Et = €1/$   *where t is time. - Rate of interest = 8% when…

Q: If a U.S. dollar purchases 1.2 Euros, and a gallon of milk costs $3 in the U.S. and 5 Euros in Spain…

A: Real Exchange rate is calculated using the formula = Nominal Exchange rate * (Domestic price/foreign…

Q: The euro/dollar exchange rate is 1 euro = $1.20. According to the law of one price, a camera that…

A: A swapping scale system or exchange rate is the way a country deals with its cash in the unfamiliar…

Q: Given the definition of the exchange rate , if the Canadian dollar is the domestic currency and US…

A: The exchange rate between two currencies is the price of one currency in terms of another currency.…

Q: When you write an exchange rate in terms of how many units of a foreign currency it takes to buy one…

A: A direct quote depicts the amount of foreign currency that can be bought for a certain unit of the…

Q: If the exchange rate between the U.S. dollar and the Japanese yen were such that one U.S. dollar…

A: Fixed or fluctuating exchange rates are available. Fixed currency rates are set by a country's…

Q: If a cup of coffee costs 2 euros in Paris and $6 in New York and purchasing-power parity holds, what…

A: To calculate the exchange rate we use the following formula Nominal exchange rate=Foreign Price…

Q: Question 5 1 pts Suppose that if you purchase a big Mac in Coral Springs, FL in the US, it will cost…

A:

Q: Consider the following open economy. The real exchange rate is fixed and equal to one. Consumption,…

A: The central part of a country's financial picture is its trade balance (BOP). For a particular…

Q: Suppose 55 percent of Mexico’s trade is with the United States, 20 percent of trade is with Canada,…

A: Percentage of Mexico's trade with the US = 55% Percentage of Mexico's trade with the Canada = 20%…

Q: Assume there has been an increase in the volume of exports from South Africa to the United States.…

A: There has been an increase in the volume of exports from South Africa to the United States This has…

Q: Suppose the exchange rate is such that 1 U.S. dollar equals 1 euro in New York and 0.9 euros in…

A: Option 4 Sell euros in Paris while buying them in New York   The exchange rate is the value of the…

Q: If the exchange rate between the US Dollar ($) and the Euro (E) goes from being $7/E to $6/E, we say…

A: Value of U.S dollar has decreased against euro. Therefore U.S dollar has depreciated against euro.

Q: In France, one kilogram of macadamia nuts costs 10.5Euro and 10 Dollars in Canadian in Canada.…

A: Cost in Euro=10.5 Cost in dollar= 10

Q: In 2021 the exchange rate between the Haitian Gourde and the US dollar is 50 to 1. If Haiti…

A: The following problem has been solved as follows:

Q: Flexible exchange rates, it was once thought, would bring more stability to the market. Instead,…

A: Depreciation versus Appreciation The phrase "appreciation" in accounting refers to an increase in…

Q: Contrast floating exchange rates, a soft peg, hard peg, and merged currency as options that a…

A: An ER (exchange rate) can be explained as the price of one currency indicates in terms of another…

Q: Assume that you buy a 1-year, 210,000-peso Philippine bond that pays 7 percent when the exchange…

A: