QUESTION 1 Calculate the THBIJMD exchange rate, given that USDIJMD is 127.72 and THB/USD is 0.030 QUESTION 2 Calculate the AUDIIQD exchange rate (1 AUD buys? Iraqi dinar), given that AUD/USD is 0.75701 and IQD/USD is 0.00084 CAREFUL: It is a bit trickier than the class example. QUESTION 3 If cars in the US cost 20,000 USD and in Australia 30,000 AUD and trade is frictionless and costless. Calculate the PPP exchange rate AUD/USD, that is the exchange rate at which cars would "cost" the same in both countries