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Suppose that Canada imports $290 million worth of goods and services and exports $290 million worth of goods and services.

What is the value of net exports?

 

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Suppose that a Canada imports $220 million worth of goods and services and exports $230 million worth of goods and services.

As a result Canada has

 

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If the exchange rate is 2.8 Egyptian pounds per US dollar, a watch that costs $230 US dollars costs how many Egyptian pounds?

 

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If the exchange rate is 1.7 Brazilian reals per dollar and a meal in Rio costs 100 reals, then how many dollars does it take to buy a meal in Rio?

 

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Other things the same, if the exchange rate changes from 1.1 Renminbi per dollar to 8.9 Renminbi per dollar, the dollar has

 

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