Question 3 Calculate the missing values for effective (trade weighted) pound index in the table below. Assuming that the UK does 35% of its trade with the US and 65% of its trade with Europe. Write the table and solutions in the answer book supplied Nominal Noial Nominal (Effective) Period S/f index Euro/E Index Trade Weighted Index 100 120 110 80 100 100 120 100 120 90 4 151