Homework Chapter 4
The value of the Australian dollar (A$) today is $0.73. Yesterday, the value of the Australian dollar
was $0.69. The Australian dollar _ by _%.
a. depreciated; 5.80
b. depreciated; 4.00
c. appreciated; 5.
Homework Chapter 2
A high home inflation rate relative to other countries would _ the home country's current
account balance, other things equal. A high growth in the home income level relative to other countries would
Homework Chapter 3
Identify the choice that best completes the statement or answers the question.
Assume that a bank's bid rate on Swiss francs is $.45 and its ask rate is $.47. Its bid-ask percentage
FN- 416- B
Chapter 1 Homework
Ans: A 1. Which of the following theories identifies specialization as a reason for international business?
theory of comparative advantage.
imperfect markets theory.
product cycle theory.