8. The price of a laptop in the United States is $1,000. The price of a car in Italy is 10,000 curos. The current exchange rate is 0.9 curos per dollar. Ifa laptop is exported from the United States to Italy with no barriers to trade, what will be the price of the laptop in Italy? Ifa car is imported to the United States from ltaly with barriers to trade, what will be the price of the crin the United States? Suppose the dollar appreciates by 10 percent against the curo What will be the price of a computer exported from the United States change in Italy? M Suppose the dollar appreciates by 10 percentaganst the cure. Wht will be the price of a car inmported to the Unted Stares from Iraly.chang m the tntid Srte (8 marks) (2marks) (2 marks) (2marks) (2marks)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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8.
The price of a laptop in the United States is $1,000. The price of a car in taly is 10,000 euros The current
exchange rate rs09 curos per dollr.
Ifa laptop is exported from the United Startes to Italy with no barriers to trade, what will be the price of the
aptop in Italy?
Ira car is imported to the United States from luh with barriers to trade, what will be the price of the crin
ahe Ented Statres?
Suppose the dollar appreciates by 0pereent aganscihecomo. Whr will be the price ofa computer exporied
from the United States changem ltaly?
-Suppose thhe dollarapprecites br 10 percentagamst the curoWt willbethe price of a car inmported to the
Enred States from Ital chnge m tdhe Eaed Statese
(8 marks)
(2marks)
2marks)
(2marks]
(2marks)
Transcribed Image Text:3 / 3 100% 每 8. The price of a laptop in the United States is $1,000. The price of a car in taly is 10,000 euros The current exchange rate rs09 curos per dollr. Ifa laptop is exported from the United Startes to Italy with no barriers to trade, what will be the price of the aptop in Italy? Ira car is imported to the United States from luh with barriers to trade, what will be the price of the crin ahe Ented Statres? Suppose the dollar appreciates by 0pereent aganscihecomo. Whr will be the price ofa computer exporied from the United States changem ltaly? -Suppose thhe dollarapprecites br 10 percentagamst the curoWt willbethe price of a car inmported to the Enred States from Ital chnge m tdhe Eaed Statese (8 marks) (2marks) 2marks) (2marks] (2marks)
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