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Question 1

Suppose that Slovenia imports $260 million worth of goods and services and exports $180 million worth of goods and services.

What is the value of net exports?

 

Suppose that a China imports $210 million worth of goods and services and exports $280 million worth of goods and services.

As a result China has

 

If the exchange rate is 9.7 Egyptian pounds per US dollar, a bag that costs $60 US dollars costs how many Egyptian pounds?

 

If the exchange rate is 3.8 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?

 

Other things the same, if the exchange rate changes from 3.4 Euros per dollar to 6.1 Euros per dollar, the dollar has

 


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