Macroeconomics Plus MyEconLab with Pearson eText (1-semester access)
Macroeconomics Plus MyEconLab with Pearson eText (1-semester access)
6th Edition
ISBN: 9780134435046
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 18, Problem 18.1RDE

Subpart (a):

To determine

The percentage change in the euro value, and whether dollar appreciates or depreciates against Euro.

Subpart (b):

To determine

The reason why dollar appreciated.

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Visit one of the many websites that lists all of the current exchange rates between different currencies around the world. Try a financial newspaper’s site such as ft.com (follow the links to “Market Data,” and then “Currencies”), or try websites devoted to foreign exchange market data such as oanda.com or xe.com (dig down; don’t just look at the major currency tables). According to these lists, how many distinct currencies exist around the world today? Are some currencies used in more than one country?  
Find US net export (current account balance) and its relation with US savings and investment. Draw a figure to show it.
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