Economics Homework Help

Economics Homework Help. Currency Exchange Problem 1. Let $1 = .78 € How much would a 20,000 € automobile cost in US$ 2. From #1, let the $US appreciate by 5%, Now how much does the auto cost? 3. Let $1 = .78 € and $1 = 6.

Currency Exchange Problem

1. Let $1 = .78 €

How much would a 20,000 € automobile cost in US$

2. From #1, let the $US appreciate by 5%,

Now how much does the auto cost?

3. Let $1 = .78 € and $1 = 6.3 CNY (Chinese Yuan Renminbi)

How many CNY will be purchased for 1 €

4. Given #3, how many € would it cost for a European importer to purchase 300 Chinese computers @ 3000 CNY per computer?

5. From #4, let there be a 5% appreciation in the CNY against the Euro,

Now how much do the computers cost in €?

Economics Homework Help

Solution:

15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.