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Country: Singapore Go to the CIA Fact Book, https://www.cia.gov/the-world-factbook/ and look up the country you are studying. Then complete the questions below. Be sure to
Country: Singapore Go to the CIA Fact Book, https://www.cia.gov/the-world-factbook/ and look up the country you are studying. Then complete the questions below. Be sure to show your work. Upload this worksheet to Moodle. Use Google (or other online resources) to answer the following: 1. What is the name of the currency in your country? Singapore dollar 2. What is the exchange rate between the dollar and your currency? $1= 3. What is the exchange rate between your currency and the dollar? 1 (local currency) = dollars 4. What was the exchange rate between the dollar and your currency 1 year ago? $1= (last year) 5. Suppose Ford exported a Ford Mustang that cost $30,000 in the US to your country. What would that car be worth in the local currency? 6. What would that car have been worth, using last year's exchange rate? 7. Inthe past year, has your local currency gotten 'weaker' or 'stronger' compared to the dollar
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