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Question 1

Suppose that Canada imports $200 million worth of goods and services and exports $230 million worth of goods and services.

What is the value of net exports?

 

Suppose that a China imports $280 million worth of goods and services and exports $50 million worth of goods and services.

As a result China has

 

If the exchange rate is 4.3 Egyptian pounds per US dollar, a book that costs $220 US dollars costs how many Egyptian pounds?

 

If the exchange rate is 10 Brazilian reals per dollar and a meal in Rio costs 60 reals, then how many dollars does it take to buy a meal in Rio?

 

Other things the same, if the exchange rate changes from 2 Pesos per dollar to 5.1 Pesos per dollar, the dollar has

 


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