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Question 1

Suppose that Japan imports $220 million worth of goods and services and exports $140 million worth of goods and services.

What is the value of net exports?

 

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Question 2

Suppose that a Japan imports $170 million worth of goods and services and exports $190 million worth of goods and services.

As a result Japan has

 

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Question 3

If the exchange rate is 6.4 Egyptian pounds per US dollar, a book that costs $100 US dollars costs how many Egyptian pounds?

 

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Question 4

If the exchange rate is 5.3 Brazilian reals per dollar and a meal in Rio costs 50 reals, then how many dollars does it take to buy a meal in Rio?

 

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Question 5

Other things the same, if the exchange rate changes from 2.9 Renminbi per dollar to 8 Renminbi per dollar, the dollar has

 

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