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ose the dollar/pound rate (or, S/E) is fixed and U.K prices are rising faster S. prices. Is the pound appreciating or depreciating in real terms?
ose the dollar/pound rate (or, S/E) is fixed and U.K prices are rising faster S. prices. Is the pound appreciating or depreciating in real terms? Please 11. (A)Supp Explain. (B) Suppose the dollar/pound rate is increasing and U.K prices are rising faster than U.S. prices. Is the pound appreciating or depreciating in real terms? Please Explain 12. Suppose the spot direct quotes for the pound sterling and euro are $1.3981-89 and $. 1230-33, respectively. What is the direct quote for the pound in Paris? (1.1339-73/E) 13. Suppose the price indexes in Mexico and the U.S., which both began the year at 100, are at 150 and 110, respectively, by the end of the year. If the exchange rate began the year at Mex$4.2 $1 and ended the year at Mex$5.4 $1, then what's the percent change in the real value of the peso during the year? 14. Suppose Dow Chemical receives quotes of $0.0082 12-45 for the yen many U.S. dollars will Dow Chemical receive from the sale of 50 million? 2. What is the U.S. dollar cost to Dow Chemical of buying Y1 billion
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