Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please can I know what would be the impacts of the premium/discount rates in regards to exports and imports? Table 2: Discounts/Premium of US$ (6

Please can I know what would be the impacts of the premium/discount rates in regards to exports and imports?

Table 2: Discounts/Premium of US$ (6 marks)

Exchange rate

% Discount/Premium (Show calculations with answer). Answer must be rounded to 2 decimals. (1 mark each)

State whether positive or negative for imports

(1 mark each)

State whether positive or negative for exports

(1 mark each)

/$

0.76563 - 0.76918 /0.76918 = 0.004615

= 0.46%

AUD$/$

1.37902 - 1.38140 /1.38140 = 0.001723

= 0.17%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Data And Analytics Playbook Proven Methods For Governed Data And Analytic Quality

Authors: Lowell Fryman, Gregory Lampshire, Dan Meers

1st Edition

0128023074, 978-0128023075

More Books

Students also viewed these Accounting questions

Question

Write down your goalwhat you want to accomplish.

Answered: 1 week ago