One of Fiji's major trading partners is Australia. If Australia's GDP rises, the demand for Fiji's exports will _____, leading to a _____ shift in the demand for the Fijian dollar. a. rise; right b. rise; left c. fall; right d. fall; left
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- Please label your answers to the following questions clearly. (a) Outline two factors that affect the demand for a currency and two factors that affect its supply. (b) Imagine that the diagram below respresents the market for the Australian Dollar. Refer to this diagram in explaining what would happen to the value of the Australian Dollar if Australia suddenly experienced an increase in its inflation rate relative to that of its trading partners. ER SAUD ER, DAUD Quantity of AUDA. Canada produces natural resources (coal, natural gas, and others), the demand for which has increased rapidly as China and other emerging economies expand. i. Explain how growth in the demand for Canada's natural resources would affect the demand for Canadian dollars in the foreign exchange market. Explain how the supply of Canadian dollars would change. ii. iii. Explain how the value of the Canadian dollar would change. iv. Illustrate your answer with a graphical analysis. 1The exchange rate between the U.S. dollar and the British pound starts at $1 = £0.5. It then changes to $1 = £0.75. Given this change, we would say that the U.S. dollar has while the British pound has . a. Depreciated; appreciated. b. Depreciated; depreciated. c. Appreciated; depreciated. d. Appreciated; appreciated
- As the dollar appreciates against the yen, U.S. exports to Japan _____ and U.S. imports from Japan _____. rise; fall fall; fall fall; rise rise; rise none of the other answers are correctParaguay exports $21 billion of goods and imports $25 billion of goods. It exports $15 billion of services and imports $13 billion of services. Instructions: If you are entering a negative number, be sure to include a negative (-) sign. a) Find Paraguay's balance of goods $ billion b) Find Paraguay's balance of services billion c) Find Paraguay's balance of trade billion %24When US assets are more attractive to foreign investors, what happens to the demand for dollars vs demand for a foreign currency? Demand for US dollars increases (demand curve shifts) At a Phoenix game, 150,000 tickets were sold at $45 a piece, the game was sold out, and some people didn"t get tickets. This says what about the selling price and equilibrium?
- Suppose that a U.S. firm converts dollars into pounds in order to invest in a British enterprise in the U.K. A year later, the return on the investment is 12 percent in terms of pounds. If, during that period, the dollar appreciated against the pound, then the return on the investment in dollar terms would be A.) dependent on the inflation rate, not the exchange rate. B.) also 12 percent. C.) less than 12 percent. D.) greater than 12 percent.If the US dollar appreciates in value vis-à-vis the NZ dollar, then, Group of answers. Exporters of goods from NZ to the US are worse off since NZ goods are now relatively more expensive. Tourists from NZ in the US are better off since their NZ dollars do not buy as much in the US as they used to. The US students who come to Auckland for an exchange semester are better off. NZ importers of US goods are better off since US goods are now relatively cheaper.Assume that China places a strict quota on goods imported from the U.S. and that the U.S. does not retaliate. Holding other factors constant, this event should immediately cause the Chinese demand for U.S. dollars to ____ and the value of the dollar to ____. A. increase; increase B. decrease; decrease C. increase; decrease D. decrease; increase
- In the foreign currency market for U.S. dollars: Which of the following would be correct? U.S. residents are on the supply curve U.S. residents are on the demand curve Foreign residents are on the supply curve Foreign residents are on the demand curveIf the exchange rate between the U.S. dollar and the Japanese yen were such that one U.S. dollar equals 100 yen, what would be the price in dollars of a Japanese automobile that cost 2,000,000 yen? A. $100 B. $20,000 C. $120,000 D. $2,000,0006. If Canadian consumers expect the value of the Canadian dollar to rise against the US dollar, what impact would we expect this to have on Canadians' demand for American made products? a. The demand for American-made items would fall. b. The demand for American-made items would not change. c. The demand for American-made items would rise. d. The demand for American-made items would double.