Question 1: A currency depreciates if it buys less of a foreign chrr. The US dolalr reprecisted against what currencies from month 1 to 2 explain using numbers from the chart    Question 2: Spanish holders of real estate and transportation in Spain are attracting investment ma from British investors using pound Sterling. In what month do the British investors buy Spanish real estate and transportation. Explain using numbers and show how you got it.  Question 3: An American company contracts a Japanese's architect to design a new building in Seattle for 8,075000 dollars. How much in yen would it cost in month 1 vs month 2. Which month would the Americans prefer to pay off the contract. Show math

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter36: Exchange Rates And Financial Links Between Countries
Section: Chapter Questions
Problem 14E
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These are for a study guide ( not a grade please do not decline) 

Question 1: A currency depreciates if it buys less of a foreign chrr. The US dolalr reprecisted against what currencies from month 1 to 2 explain using numbers from the chart 

 

Question 2: Spanish holders of real estate and transportation in Spain are attracting investment ma from British investors using pound Sterling. In what month do the British investors buy Spanish real estate and transportation. Explain using numbers and show how you got it. 

Question 3: An American company contracts a Japanese's architect to design a new building in Seattle for 8,075000 dollars. How much in yen would it cost in month 1 vs month 2. Which month would the Americans prefer to pay off the contract. Show math 

US Dollar
British Pound
Chinese Yuan
Japanese Yen
Euro
US Dollar
British Pound
Chinese Yuan
Japanese Yen
Euro
US Dollar
$1 =
111
.76
6.37
113.04
.89
US Dollar
$1 =
.70
6.20
116.24
.92
Exchange Rate Table for Month 1
British Pound
Chinese Yuan
1 Y =
.16
.12
1 £ =
1.32
8.46
149.55
1.17
Exchange Rate Table for Month 2
British Pound
1 £=
1.40
17.75
.14
8.72
146.89
1.11
Chinese Yuan
1 Y =
.20
.11
16.32
.15
Japanese Yen
1 =
.0088
.0067
.056
.0078
Japanese Yen
1¥=
.0080
.0065
.062
.0078
Euro
1€
1.13
.85
7.21
127.55
Euro
1€
1.17
.89
7.59
117.2
Transcribed Image Text:US Dollar British Pound Chinese Yuan Japanese Yen Euro US Dollar British Pound Chinese Yuan Japanese Yen Euro US Dollar $1 = 111 .76 6.37 113.04 .89 US Dollar $1 = .70 6.20 116.24 .92 Exchange Rate Table for Month 1 British Pound Chinese Yuan 1 Y = .16 .12 1 £ = 1.32 8.46 149.55 1.17 Exchange Rate Table for Month 2 British Pound 1 £= 1.40 17.75 .14 8.72 146.89 1.11 Chinese Yuan 1 Y = .20 .11 16.32 .15 Japanese Yen 1 = .0088 .0067 .056 .0078 Japanese Yen 1¥= .0080 .0065 .062 .0078 Euro 1€ 1.13 .85 7.21 127.55 Euro 1€ 1.17 .89 7.59 117.2
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