Answer all questions

1. What is the price of 1 U.S. dollar in terms of each of the following currencies, given the following exchange & I euro = $1.41 h. I Chinese yuan = $.15 c. I Israeli shekel = 4.28 d. I Kuwaiti dinar = $3.60 2. A bicycle manufactured in the United States costs SANK Using the exchange rates listed in Table I, what would the bicycle cost in each of the following countries? a. Argentina h, Britain G. Canada 3. The U.S. dollar price of a Swedish krona changes from $.1572 to 5.1730. a. Has the dollar depreciated or appreciated against the kronal b. Has the krona appreciated or depreciated against the dollar? Use the Information in the following table on Mexico's 2007 international transactions to answer exercises 4-6 (the amounts are the U.S. dollar values in millions): Merchandise exports $ 271.594 Merchandise imports $ 281 649 Services exports 17.512 Services imports 23 784 Income receipts 7.972 Income payments 26,036 Unilateral transfers 24,197 What is the balance of trade