Chapter 10 - SELF-GRADED QUESTIONS FOR CHAPTER 10...

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SELF-GRADED QUESTIONS FOR CHAPTER 10 – International Financial and Monetary Systems For the ten questions for your workbook self-graded questions, use the two charts below on the next page for currencies for the USA, the EU, Japan, and Great Britain. There are two points in time, now and three months from now. These very same questions will be put into the question pools for the quiz, with some of the parameters changed. They are designed to give you a hands-on feel for dealing with currency exchange.
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Above is the Currency Exchange Rate October 27 th , 2009 Above is the estimated Currency Exchange Rate January 12 th , 2010 For all questions explain your answer and show your work 1) Nikki is from Seattle and wants to visit her cousin in Tokyo. In order to make her savings for the trip (in USD $) go the furthest, should she go now or in January? Why? Assume she would have the same dollar amount now and in January ($1,000 USD). -Later, the Japanese currency will be weaker giving her more for her 1000 dollars.
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This note was uploaded on 10/19/2011 for the course IBUS 330 taught by Professor Nicholson during the Fall '07 term at S.F. State.

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Chapter 10 - SELF-GRADED QUESTIONS FOR CHAPTER 10...

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