Determine the cross rate between francs and pounds

Assignment Help International Economics
Reference no: EM1367341

Assume the exchange rate between United State, dollars and the Swiss franc was SFr1.6=$1, and the exchange rate between U.S dollars and British pound was L1=$1.50. What was the cross rate between francs and pounds?

Reference no: EM1367341

Questions Cloud

Information about equilibrium price and output : The switch to the use of HFCS from sugar in soft drinks was prompted in large part by its relatively lower price. Assuming a competitive market, what effect would this change have on the equilibrium price and output for soft drinks?
Why scr needs a systems review committee : Jesse wants my opinion on whether or not SCR needs a systems review committee. Need to prepare a recommendation and reasons.
Illustrate new equilibrium an increase expenditure : Illustrate what would be new equilibrium if re is an increase in autonomous import expenditure from 100 to 200 which result from an increase in currency exchange rate.
Find out the magnitude of the vertical component : The displacement of a particle moving under uniform acceleration is some function of elapsed time and acceleration. Suppose we write this displacement as: s=ka^mt^n where k is the dimensionless constant.
Determine the cross rate between francs and pounds : Assume the exchange rate between United State, dollars and the Swiss franc was SFr1.6=$1, and the exchange rate between United State dollars and British pound was L1=$1.50.
Determine time to transmit text over a t-1 line : Be sure to allow for spaces and punctuation between words. How long would it take to transmit the text over a T-1 line at 1.544Mbps and a fibre optic link at 2.488Gbps?
Elucidate effect of this policy action on size money supply : Assume that in addition to policy action described above, Fed decides to sell a massive amount of Treasury bonds from open market. Elucidate in detail effect of this policy action on size of money supply.
Determine dollar price of the car : In September 1983, it took 245 Japanese yen to equal $1. More than twenty years later that exchange rate had fallen to 108 yen to $1.
How many revolutions will the car : An airplane must reach a speed of 189mi/h to take off. If the runway is 472m long, what is the minimum value of acceleration that will allow the airplane to take off successfully.

Reviews

Write a Review

 

International Economics Questions & Answers

  Change in exchange rates

In September 2003, a United State retailer wants to buy canola oil from a Canadian farm. At that time in Canada, one barrel of canola oil value C$2.

  Questions based on international business

Questions based on International Business

  Preferred stock valuation

Authorized and available shares Aspin Company charter authorizes issuance of 2,000,000 shares of common stock. Currently, 1,400,000 shares are outstanding and 100,000 shares are being held as treasury stock.

  Money change example problem

As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?

  Calculate the euro price of the dollar

When the Euro was 1st issued it hit the market at $1.17/€ on 1 Jan 2001. Calculate the Euro price of the dollar when the Euro debuted?

  Determine exchange rate between euro and british pound

Assume the United State dollar price of a British pound is $1.50; dollar price of a euro is $1; a hotel room in London, England, costs 120 British pounds;

  Depreciation and exchange rate

If the European euro were to depreciate relative to the United State dollar in the foreign exchange market, would it be easier of harder for the French to sell their wine in the U.S.?

  Calculate the value of the intraindustry trade

Calculate the value of the Intraindustry Trade

  Determine the factors that affect dollar yen exchange rate

n the flexible exchange rate system, discuss the effects of the following events on the exchange rate between U.S. dollar and Japanese Yen: Please indicate whether US$ will appreciate or depreciate.

  Determine the dollar price of the cars

The United State imports Japanese cars with a domestic price of 5,000,000 yen and the yen or dollar exchange rate is 120 on January 1, 2003.

  Consider two countries that share the same technology

Consider two Countries that share the same technology, South Africa and the UK, and two goods, Diamonds and Tea

  Find the equilibrium interest rate

The consumption function is given by C = 200 + 0.75(Y - T ). The investment function is I = 200 - 25r, r is the real interest rate. Government buy and taxes are both 100.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd