Use 2004 as the base year, two top trading partners of the US are Canada and Japan. Calculate NEER, REER

Example of a EER . Use 2004 as the base year, two top trading partners of the US are Canada and Japan. Calculate NEER, REER NER 2004 NER 2006 CP/2004 CP 2006 2004 U.S. exports 2004 U.S. imports Canada 1.4$C/$ 1.45$C/$ 115.6 117.7 160,900 209,087 Japan 120.48 119.20 114.4 116.6 51,449 121,428 U.S. 119 118 Example of a EER . Use 2004 as the base year, two top trading partners of the US are Canada and Japan. Calculate NEER, REER NER 2004 NER 2006 CP/2004 CP 2006 2004 U.S. exports 2004 U.S. imports Canada 1.4$C/$ 1.45$C/$ 115.6 117.7 160,900 209,087 Japan 120.48 119.20 114.4 116.6 51,449 121,428 U.S. 119 118