Exchange rate (Philippine Peso/ South Korean Won) XR₂ XRs XR₂ XR₁ XR₂ XR₂ b. c. d. None of the above. Q₂ Q₂ Q₁ 13. There is a surplus of SK won in the market at the exchange rate a. XR₂ Q₂ Supply of South Korean Won Demand for South Korean Won Quantity of South Korean Won
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- Exchange rate (Philippine Peso/ South Korean Won) XR₂ c. C d. D XR₁ XR3 XR4 FIGURE 1 B A Q₁ Q₂ Q₁ Q4 D Supply of South Korean Won 13. There is a surplus of SK won in the market at the exchange rate a. XR₂ b. XR3 c. XR4 d. None of the above. Demand for South Korean Won 12. At which point in figure 1 is the quantity demanded of SK won equal to the quantity of SK won supplied? a. A b. B Quantity of South Korean WonO Macmillan Learning Suppose the exchange rate between Canada and the United Kingdom is equal to 1.70 Canadian dollars (CAD) required to buy 1 British pound. Calculate the missing prices assuming that purchasing power parity (PPP) holds. Price in Canada Kilo of bananas Kilo of strawberries Kilo of kiwis 9.10 CAD Kilo of oranges 3.00 CAD Enter all answers as numbers rounded to two decimal places. Price of a kilo of kiwis in the United Kingdom: Price of a kilo of bananas in Canada: Price in the United Kingdom 2.90 pounds 3.80 pounds I Enter numeric value pounds CADIf German demand for Canadian lumber increases, the supply of Canadian dollars to the foreign-exchange market will OA. decrease, increase B. increase, remain the same OC. decrease, decrease i OD. remain the same, remain the same OE. increase, decrease and the demand for euros will therefore
- None of the above О е. O d. The foreign interest rate goes up О с. The home interest rate goes up O b. The exchange rate (EH/F) goes down The exchange rate (EH/f) goes up O a. EH/F: of home country currency per 1 unit of foreign country currency What happ if prices in the home country (H) go up and prices in the foreign country (F) stay unchanged? Use th Interest Parity Condition and Law of one price questions 1 to 4.As the value of the American dollar increases relative to the Mexican peso, we expect that international demand for American corn output relative to Mexican corn may а. increase decrease b. stay the same as international corn demand is independent of the exchange rates С. we cannot tell Od.A change in the euro-dollar exchange rate from $1 per epro to $2 per euro would price of German goods, the number of German goods that would be demanded in the U.S. the U.S. O decrease; reducing. O decrease; increasing. O increase; reducing. O increase; increasing.
- What happens if there is a shortage or a surplus of Canadian dollars in the foreign exchange market? *** If a shortage of Canadian dollars occurs in the foreign exchange market, the and the exchange rate A O A. quantity of Canadian dollars demanded increases and the quantity of Canadian dollars supplied decreases; falls OB. demand for Canadian dollars increases and the supply of Canadian dollars decreases; rises OC. quantity of Canadian dollars demanded decreases and the quantity of Canadian dollars supplied increases; COLL 120- 110 100+ 90- 80- 70- Exchange rate (U.S. cents per Canadian dollar) S 60+ DThe 'mint par" exchange rate between dollar and pound is $2 per pound. If a person must pay $2.5 to buy a pound in the FX market, What do you expect? A. Gold flows out of U.S. and the equilibrium exchange rate is $2.5 per pound В. Gold flows into U.S. and the equilibrium exchange rate is $2.5 per pound C. Gold flows into U.S. and the equilibrium exchange rate is $2 per pound D. Gold flows out of U.S. and the equilibrium exchange rate is still $2 per poundSuppose that we observe the following change in the international market for USD: a USD B O The CAD woul appreciate. O The CAD woul depreciate. S₁ Q In this case, what wopuld we expect to happen to the price of CAD if the CAD-USD exchange rate was flexible?
- Dollars per Franc So .70 60 .50 40 Do D2 3 4 5 6 7 Quantity of Francs (Milions) Refer to Figure 14.1. Suppose that the United States increases its imports from Switzerland, resulting in a rise in the demand for francs from Do to D1. Under a floating exchange rate system, the new equilibrium exchange rate would be: Select one: а. $0.40 per franc b. $0.50 per franc С. $0.60 per franc d. $0.70 per francIf Boblandia had a flexible exchange rate, it would cost 5 Bobos to purchase a Canadian dollar. The Central Bank of Boblandia (aka, the Bank of Boblandia, or BoB) has fixed the exchange rate, saying it will buy or sell Bobos at C$0.25 for each Bobo. Which of the following is true? O At the fixed exchage rate, supply of Bobos exceeds demand. The BoB's holdings of Canadian dollars will increase. O At the fixed exchage rate, supply of Bobos exceeds demand. The BoB's holdings of Canadian dollars will decrease. O At the fixed exchage rate, supply of Bobos is less than demand. The BoB's holdings of Canadian dollars will increase. O At the fixed exchage rate, supply of Bobos is less than demand. The BoB's holdings of Canadian dollars will decrease.The demand for Australian dollars in the foreign exchange market equals 14000 – 3000e and thesupply of Australian dollars in the foreign exchange market equals 2000 + 2000e, where e is thenominal exchange rate expressed in euros per Australian dollar. If the Australian dollar is fixed at 2euros per Australian dollar, then to maintain this fixed rate, what is the required change in theReserve Bank of Australia’s holdings of euros? 1increase by 4000 euros 2decrease by 2000 euros 3decrease by 4000 euros 4increase by 2000 euros
