1. The exchange rate as of now is is E F/$=23.5. Compute the price of the basketball in France.

2.Assume the exchange rate changes to E $/F=0.015. What can you say about the two currencies values with respect to one another?

3. Compute the depreciation and appreciation rates.

4.Compute the new price of the basketball in France.

A basket produced in the U.S is sold in the U.S for PUS=47.55. The costs to export are the following per unit: A basket produced in the U.S is sold in the U.S for PUS=47.55. The costs to export are the following per unit