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Part 1: Suppose that the current exchange rate is 0.80/$ or USD/EUR = 0.8. 1. What is the direct quote in U.S.? (0.4) 2. Which

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Part 1: Suppose that the current exchange rate is 0.80/$ or USD/EUR = 0.8. 1. What is the direct quote in U.S.? (0.4) 2. Which is the base currency from the direct quote in U.S.? (0.2) 3. Which is the reference currency from the direct quote in U.S.? (0.2) 4. What is the indirect quote In U.S.? (0.4) 1 5. Which is the base currency from the indirect quote in U.S.? (0.2) 6. Which is the reference currency from the indirect quote in U.S.7 (0.2) 7. What is the direct quote in European country? (0.4) 8. Which is the base currency from the direct quote in European country? (0.2) 9. Which is the reference currency from the direct quote in European country? (0.2) 10. What is the indirect quote in European country? (0.4) 11. Which is the base currency from the Indirect quote in European country? (0.2) 12. Which is the reference currency from the indirect quote in European country? (0.2)

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