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Question 1

Suppose that Slovenia imports $160 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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Question 2

Suppose that a Norway imports $200 million worth of goods and services and exports $260 million worth of goods and services.

As a result Norway has

 

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Question 3

If the exchange rate is 3.5 Egyptian pounds per US dollar, a bag that costs $70 US dollars costs how many Egyptian pounds?

 

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Question 4

If the exchange rate is 0.5 Brazilian reals per dollar and a meal in Rio costs 200 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 3.1 Euros per dollar to 9.2 Euros per dollar, the dollar has

 

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