Ch 5 Global Trade [AP & Reg]

1cheapergoodslowerprices 2highinterestrates

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Unformatted text preview: ppreciation Depreciation History Japanese TV cost Y207,000 Japanese 1. A. $1 = $1 B. $1 = B. $1 C. $1 = C. $1 Y140 [TV would cost $1,479] $1,479 80 [TV would cost $2,588] $2,588 107 [TV would cost $1,934] $1,934 2. A. 1 Euro = $1.17 Euro $1.17 B. 1 Euro = 86 cents B. Euro 86 C. 1 Euro = $1.51 C. Euro $1.51 3. $1=1.00 Loonies $1 Loonies [in 2002] [in [in 2008] [in And – $1 = 16.0 Vietnamese dongs $1 4. A. B. B. $1 = 2,400 rupiahs [in 1996] $1 2,400 [in $1 = 9,247 rupiahs [in 2008] $1 9,247 [in 5. A. B. B. $1 = P3.5 [in 1995] $1 P3.5 [in $1 = P10.8 [in 2008] $1 P10.8 [in 6. A. 1970 B. 2008 B. $1 = W335 $1 W335 $1 = W941 $1 W941 Indonesian Rupiah Mexican Peso Korean Won Foreign Currency per U.S. Dollar EXCHANGE RATES: $1 will 47.68 Indian rupee buy buy .63 British pounds 1.48 Canadian dollars 10.91 Mexican pesos 1.36 Swiss francs .93 European euros 119 Japanese yen 1,237 South Korean won 8.54 Swedish krona Reason for: Downward Sloping “D” Curve [As Euro price decreases, QD for $’s increase] s Euro Price of $ D [Dollars looking for...
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This note was uploaded on 07/20/2012 for the course ECON 2106 at GCSU.

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