1. Go to the X-Rates Web site (http://x-rates.com) and find the current:
   1. What is the exchange rate for the US Dollar (USD) and Europe
   2. then from the icons below the currency selection boxes, select Graphs and then select 1 year;
   3. based on the 12 months of data, which currency is appreciating (gaining value) and which is depreciating (losing value)? Remember it can do both in a year.
   4. Now go to the CIA World Factbook and find out what goods and products Europe exports.
2. Since most all of the goods that you buy are either imported or contain inputs from other countries, what do the trends in the exchange rates you examined tell you about the prices you can expect to pay for goods imported from Europe or for products that use inputs fromEurope (i.e., the exports of your country)?

1. On the discussion board, share your findings about whether the currency of the country you chose is appreciating or depreciating relative to the US Dollar.

• • What do you think this means for American imports from Europe?
  • What do you think it means for American exports to Europe?
  • Refer to at least two different concepts from this week's Chapters trade policy and capital flight. Your illustration of the concepts MUST include an explanation why you think they are relevant to the week's topic using specific information from the articles, Powerpoint presentations, videos and other research that you have done. Remember to include citations and references as needed.