If 1000 Mexican pesos could buy $1.00 U.S. dollar in 2006 and 87 U.S. dollars in 2010, then: A. the dollar depreciated against the peso. B. the peso appreciated against the dollar. C. the dollar strengthened against the peso. D. the peso strengthened against the peso.
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If 1000 Mexican pesos could buy $1.00 U.S. dollar in 2006 and 87 U.S. dollars in 2010, then:
A. the dollar
B. the peso appreciated against the dollar.
C. the dollar strengthened against the peso.
D. the peso strengthened against the peso.
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- What does it mean to say that the U.S. dollar has depreciated in value in relation to the Mexican peso? What does it mean to say that the Mexican peso has appreciated in value relative to the U.S. dollar?1. The exchange rate for 1 dollar was 1.1 Euros and 1.3 Peso one month ago. Now, the exchange rate for 1 dollar is 1.3 Euros and 1.2 Peso. We can say: A) the dollar has appreciated relative to both Euro and Peso. B) the dollar has depreciated relative to both Euro and Peso. C) the dollar has appreciated relative to Euro and depreciated relative to Peso. D) the dollar has depreciated relative to Euro and appreciated relative to Peso. E) none of the above 2. An appreciation of the dollar would result in: A) foreign travel for U.S. residents to be more expensive. B) an increase in the dollar prices of foreign goods paid by U.S. importers. C) an increase in the foreign demand for U.S. goods. D) a decrease in the foreign currency prices paid for U.S. goods. E) none of the aboveIf people expect the British pound to appreciate versus the dollar over the coming year, they will ____, and the pound will____. The US dollar will_____ versus the British pound.A. sell pounds in a year, depreciate in a year, appreciate in a year B. buy pounds today, appreciate today, depreciate today C. buy pounds in a year, appreciate in a year, depreciate in a year D. sell pounds today, depreciate today, appreciate today
- The nominal exchange rate of the Australian dollar is 0.67. The CPI in the US is 300 and the same basket costs 430 in Australia. (a) What can you say about the purchasing power parity holding for Australia? Show calculation. Answer: 0.96 (b) The nominal Australian GDP is $1.5 trillion. Find Australia’s purchasing power parity GDP. Which one is more relevant for most purposes? What is the other one used for? Answer:1.56The U.S. dollar exchange rate increased from $0.96 Canadian in June 2011 to $1.03 Canadian in June 2012, and it decreased from 81 Japanese yen in June 2011 to 78 yen in June 2012. 1. Did the U.S. dollar appreciate or depreciate against the Canadian dollar? Did the U.S. dollar appreciate or depreciate against the yen? 2. What was the value of the Canadian dollar in terms of U.S. dollars in June 2011 and June 2012? Did the Canadian dollar appreciate or depreciate against the U.S. dollar over the year June 2011 to June 2012? 3. What was the value of 100 yen in terms of U.S. dollars in June 2011 and June 2012? Did the yen appreciate or depreciate against the U.S. dollar over the year June 2011 to June 2012?IN US$ PER US$ FRI THURS FRI THURS Americas Argentina 0.0172 0.0172 58.278 58.2427 peso Brazil real 0.2431 0.2401 4.1127 4.1655 Canada dollar 0.7619 0.7612 1.3126 1.3138 Chile peso 0.001407 0.001404 710.7 712 The above table shows U.S.-dollar foreign-exchange rates in New York trading (Oct. 19, 2019). Source: Wall Street Journal. Which currency depreciated from Thursday to Friday? Which currency appreciated?
- The Dominican peso started the year at 55 pesos / $1, but then fell to 50 pesos / $1 over the summer. Was the Dominican peso stronger or weaker against the US dollar? Did the US dollar appreciate or depreciate against the Dominican peso?ASAP At the beginning of the year, the exchange rate between the Brazilian real and the U.S. dollar was 1.2 reals per dollar. Over the year, Brazilian inflation was 8 percent and U.S. inflation was 2 percent. Explain what should we expect to happen to the U.S. dollar relative to Brazilian real? Provide theintuition.If the euro appreciates against the US$, it becomes: cheaper for Americans to buy European products and cheaper for Europeans to buy American products. cheaper for Americans to buy European products but more expensive for Europeans to buy American products. more expensive for Americans to buy European products but cheaper for Europeans to buy American products. more expensive for Americans to buy European products and more expensive for Europeans to buy American products.
- eBook Print References Consider the data in the table below: Nominal Exchange Rates for the U.S. Dollar yen Foreign currency/0.5. U.S. dollars/foreign Country United Kingdom (pound) Canada (Canadian dollar) Mexico (peso) Japan (yen) European Union (euro) a. Calculate the nominal exchange rate between the Mexican peso and the Japanese yen. Express in two ways. Instructions: Enter your responses rounded to three decimal places. One peso = peso dollar 0.612 0.968 11.654 81.126 0.698 peso. currency 1.633 One yen b. Suppose the peso appreciates by 20 percent against the dollar while the value of the yen against the dollar remains unchanged. Instructions: Enter your responses rounded to three decimal places. One peso yen One yen 1.033 0.086 0.012 1.433Currency Values in 2015 and 2016 Canada (dollar) (peso) (yuan) (yen) Country Currency Percentage 2015 2016 0.82710.6892 0.0683 0.0538 0.1608 0.1522 |0.0080 0.0086| 36% Мexico 28% China 20% Japan 16% Based on the exchange rate table, which statement is correct? A. The Chinese yuan appreciated in value between 2015 and 2016. B. The Canadian dollar depreciated in value between 2015 and 2016. C. The Japanese yen depreciated in value between 2015 and 2016. D. The Mexican peso appreciated in value between 2015 and 2016.Jan 2, 2015 Sep 27, 2016 $1.20 $1.12 1 British Pound (GBP) $1.56 $1.30 1 $US 1 $US 1 Euro 119.69 Yen 2.66 BRL 1. In relation to the Euro, has the $US has appreciated or depreciated from Jan 2015 to Sep 2016? 2. In relation to the Euro, has the GBP has appreciated or depreciated from Jan 2015 to Sep 2016? 3. How many Brazilian Reals (BRL) would be needed on Sep 27, 2016 to purchase Yen 10 million?
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