If the bilateral exchange between U.S. dollars and euros is listed as 1.1875 $/€, how many euros would buy $1?
A: 0.8421€
B: 1.187€
C: 0.1875€
D: 8.421€
A: 0.8421€
B: 1.187€
C: 0.1875€
D: 8.421€
举一反三
- If Canadian speculators expect the euro to appreciate against the U.S. dollar, they would: A: purchase Canadian dollars B: purchase U.dollars C: purchase euros D: use Canadian dollars to buy euros, instantly use the euros to buy U.dollars, and then instantly use the U.dollars to buy Canadian dollars.
- If Chinese speculators expect the euro to appreciate against the U.S. dollar, they would: A: purchase Chinese yuan. B: purchase U.S. dollars. C: purchase euros. D: use Chinese yuan to buy euros, instantly use the euros to buy U.S. dollars, and then instantly use the U.S. dollars to buy Chinese yuan.
- The U.S. supply curve for euros is derived from the demand and supply curves of U.S. imports in terms of euros
- How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if the exchange rate is 1.25 dollars per one British pound?
- How many British pounds would it cost to buy a pair of American designer jeans costing $45 if the exchange rate is 1.50 dollars per British pound?