Hello - I am very confused on this question. I tried sending it In previously and over 50 tutors took a look at it, but nothing was touched upon. I appreciate the help in advance!

/\\ C 6 'III laecon1.lyryx.com C 0 TI] 1 l5] 1 Question 4 [10 points] In a hypothetical world, between last year and this year, the CPI in Germany rose from 100 to 115 and the CPI in China rose from 95 to 100. Germany's currency unit, the Euro(EUR), was worth 0.69(EUR) per Canadian dollar last year and is worth 0.61 (EUR) per Canadian dollar this year. China's currency unit, the Yuan(CNY), was worth 6.92(CNY) per Canadian dollar last year and is worth 6.81(CNY) per Canadian dollar this year. a) Find the percentage change from last year to this year in Germany's nominal exchange rate with China (measured as # of Euros/1 China Yuan). NOTE: Please keep as much precision as possible throughout your calculations and round off your nal answer to two decimal places. lPercentage change = E% I b) Find the percentage change from last year to this year in Germany's real exchange rate with China. Again, assume that we are measuring the nominal exchange rate portion as the # of Euros/1 China Yuan. NOTE: Please keep as much precision as possible throughout your calculations and round off your nal answer to two decimal places. [Percentage change = @% I c) Relative to China, do you expect Germany's exports to be helped or hurt by these changes in exchange rates? '5 Helped 7\