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Suppose that Norway imports $170 million worth of goods and services and exports $30 million worth of goods and services.

What is the value of net exports?

 

Suppose that a Mexico imports $30 million worth of goods and services and exports $60 million worth of goods and services.

As a result Mexico has

 

If the exchange rate is 3.4 Egyptian pounds per US dollar, a bag that costs $280 US dollars costs how many Egyptian pounds?

 

If the exchange rate is 2.4 Brazilian reals per dollar and a meal in Rio costs 130 reals, then how many dollars does it take to buy a meal in Rio?

 

Other things the same, if the exchange rate changes from 4.1 Pesos per dollar to 8.4 Pesos per dollar, the dollar has