Suppose
the exchange rate between the Japanese yen and the US dollar is 100
yen per dollar. A Japanese stereo with a price of 60,000 yen will
cost: ()
A: $1,667
B: $600
C: $6,000
D: $100
the exchange rate between the Japanese yen and the US dollar is 100
yen per dollar. A Japanese stereo with a price of 60,000 yen will
cost: ()
A: $1,667
B: $600
C: $6,000
D: $100
举一反三
- If the Canadian dollar is selling for $ 0.6572 and Japanese yen is selling for $ 0.0083, what is the cross rate between the Canadian dollar and the Japanese yen? 1CAD = ( ) JPY .
- The exchange rate between dollar and pound change from $2/£1 to<br/>$1/£1 implies( ) A: an appreciation of the dollar B: a<br/>depreciation of the dollar C: a<br/>devaluation of the dollar D: an exchange rate overshooting
- In the foreign exchange market, what could be a possible consequence of an increase in the purchase of stocks of Toyota, a Japanese automobile firm, by U.S. residents? A: Demand for the dollar will increase B: Yen will depreciate C: The dollar will depreciate D: The supply curve for the dollar will shift to the left
- An appreciation in the value of the U.S. dollar against the British pound would tend to: A: Increase in the spot price of the yen B: Increase in the forward price of the dollar C: Sale of dollars in the forward market D: Purchase of yen in the spot market
- Japanese yen is not a SDR currency.