Table 1: Exchange Rates September 2011 British Pound Euro Japanese Yen One US Dollar .50 .75 In US Dollars | 2.00 1.33 .01 100 Table 2: Exchange Rates October 2011 One US Dollar .25 In US Dollars 4.00 British Pound Euro | Japanese Yen .50 125 2.00 .008 8. When you compare September and October 2011, which currency did the dollar appreciate against? 9. When you compare September and October 2011, which currency did the dollar depreciate against? 10. Which currencies appreciated against the dollar? 11. Which currency depreciated against the dollar? 12. As a result of the change in the dollar's exchange rate, which countries are more likely to buy US goods 13. Which country is less likely to purchase US goods in the foreign market?

Table 1: Exchange Rates September 2011 British Pound Euro Japanese Yen One US Dollar .50 .75 In US Dollars | 2.00 1.33 .01 100 Table 2: Exchange Rates October 2011 One US Dollar .25 In US Dollars 4.00 British Pound Euro | Japanese Yen .50 125 2.00 .008 8. When you compare September and October 2011, which currency did the dollar appreciate against? 9. When you compare September and October 2011, which currency did the dollar depreciate against? 10. Which currencies appreciated against the dollar? 11. Which currency depreciated against the dollar? 12. As a result of the change in the dollar's exchange rate, which countries are more likely to buy US goods 13. Which country is less likely to purchase US goods in the foreign market?

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter34: International Finance

Section: Chapter Questions

Problem 3QP

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Question

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Table 1: Exchange Rates September 2011
In US Dollars
2.00
1.33
.01
One US Dollar
British Pound
Euro
Japanese Yen
.50
.75
100
Table 2: Exchange Rates October 2011
In US Dollars
| 4.00
2.00
| .008
One US Dollar
British Pound
Euro
Japanese Yen
.25
.50
125
8. When you compare September and October 2011, which currency did the dollar
appreciate against?
9. When you compare September and October 2011, which currency did the dollar
depreciate against?
10. Which currencies appreciated against the dollar?
11. Which currency depreciated against the dollar?
12. As a result of the change in the dollar's exchange rate, which countries are more likely to
buy US goods
13. Which country is less likely to purchase US goods in the foreign market?

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