Italy has a GDP per capita of 33,000 Euros. The exchange rate is 0.0436 Euros per 1 Mexican Peso. Calculate the GDP per capita of Italy in Pesos. (Round your answer to include 2 decimal places.)
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- Suppose India has a GDP of 196 trillion Indian rupees, and a population of 1.3 billion. The exchange rate is 75 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.In 2018, Belize had a GDP of 4 billion Belize dollars, and a population of 400,000 people. The exchange rate was 2 Belize dollars per U.S. dollar. Calculate the GDP per capita of Belize in 2018 as measured in U.S. dollars a. 2,000 USD b. 4,000 USD c. 5,000 USD d. 10,000 USDCalculating the gross domestic product for various countries using purchasing power parity exchange rate is more reliable as exchange rates fluctuations are included. less reliable as exchange rates fluctuations are included. more reliable as the impact of exchange rates fluctuations is reduced.
- Distinguish between Exchange Rate Method and Purchasing Power Parity as methods of comparing Country GDP in terms of either income or expenditure through an exampleWhich of the following is included in a nation's current account? a) Purchases of foreign assets b) Borrowings from abroad c) Foreign purchases of U.S. financial assets d) Investment income receipts e) Purchases of foreign real propertyIberia's imports of goods and services are $ ____ billion Thanks!!
- So, what has happened to the USD-EUR exchange rate over the past year or two? Can you tell anything about what you would do from looking at the trends? Has the USD appreciated or depreciated vs. the EURIf the balance of trade is 2050 billion and the value of exports are 3000 billion find the value of imports!Suppose balance of trade is $630 and imports of goods is $115 find the exact value of the exports of good.
- Thailand is a net-importer. This means that they import more than they export. How does this affect the value of their currency with respect to foreign exchange? a. None of these b. their currency will become weak c. their currency will not be affected d. their currency will become strongIn 2001, the United Kingdom's economy exported goods worth £192 billion and services worth another £77 billion. It imported goods worth £225 billion and services worth £66 billion. Receipts of income from abroad were £140 billion while income payments going abroad were £131 billion. Government transfers from the United Kingdom to the rest of the world were £23 billion, while various U.K government agencies received payments of £16 billion from the rest of the world. Calculate the U.K. merchandise trade deficit for 2001. Calculate the current account balance for 2001.Prepare a suitable diagram showing balance of trade from the following data. Year-1994,1995,1996,1997,1998,1999 export-24,115,84,110,130,162 import-9,92,92,120,183,187
