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Hi I need some help with these questions. Thank You !! 2 d. 4 Bettch pounds hade for alles Refer to the diagram above. Assume
Hi I need some help with these questions. Thank You !!
2 d. 4 Bettch pounds hade for alles Refer to the diagram above. Assume that the current exchange rate is at $1.30 per pound and that D, and So represent the current demand and supply in the market. If a higher rate of return for U.S. dollars makes holding dollars more attractive, we should expect that the demand will shift to the left to D, and the supply will shift to the right to S, O the demand will shift to the right to D and the supply will shift to the left to 52 Both curves will shift to the right to D, and S1 Both curves will shift to the left to D2 and 52 Question 20 2 pts An international investor who expects that the British pound will appreciate against the dollar would keep his/her dollars as it is the most traded currency in the foreign exchange market keep his/her dollars now and convert them to British pounds in the future once the British pound appreciates as expected. O change his/her dollars into pounds now and keep the British pounds in the future as it is the stronger currency change his/her dollars into pounds now and convert them back into dollars in the future once the British pound appreciates as expected. Question 3 2 pts Suppose that last year 1 Canadian dollar cost 0.56 British pounds, and today, it costs 0.63 British pounds. How much would 1 British pound purchase in Canadian dollars last year and how many can it purchase today? last year 1.79 dollars, today: 1.59 dollars last year: 1.78 dollars, today: 1.57 dollars O last year: 1.97 dollars, today: 1.75 dollars last year: 1.87 dollars, today: 1.65 dollars
Hi I need some help with these questions. Thank You !!
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