Macroeconomics (MindTap Course List)
10th Edition
ISBN: 9781285859477
Author: William Boyes, Michael Melvin
Publisher: Cengage Learning
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Question
Chapter 21, Problem 13E
To determine
(a)
To compute:
The amount of U.S. dollars needed to settle the transaction.
To determine
(b)
To compute:
The amount of U.S. dollars needed to settle the transaction.
To determine
(c)
To compute:
The amount of U.S. dollars needed to settle the transaction.
To determine
(d)
To compute:
The amount of U.S. dollars needed to settle the transaction.
To determine
(e)
To compute:
The amount of U.S. dollars needed to settle the transaction.
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If the exchange rate between the U.S. dollar and the Japanese yen were such that one U.S. dollar equals 100 yen, what would be the price in dollars of a Japanese automobile that cost 2,000,000 yen?
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A British company that exports shoes to Switzerland wants to exchange the Swiss franc (SF) for British pounds. If the US Dollar Rate of the two currencies is disclosed as follows:
£0.5120-0.5130/US$, SF1.1230-1.1240/US$
Calculate and disclose the purchase/sale exchange rate between the two currencies as £/SF by the Cross Rate.
If the export price received by a British company is SF10,000, what is the amount of British pound after the exchange?
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b.$1= 81 yen (Japanese Yen)
c. $1=A$.95(Australian dollars)
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e. $1=SF .90 (Swiss francs)
Chapter 21 Solutions
Macroeconomics (MindTap Course List)
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Similar questions
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