All pictures are part of the same question. please help me with providing the co
ID: 2440283 • Letter: A
Question
All pictures are part of the same question. please help me with providing the correct answers and an explanation to each of your answers. thanks
Explanation / Answer
8.1
125 Euros
1$=1.25 euros, therefore, $100 priced jeans is 125 euros ($100x1.25 euros).
8.2
150 euros
1$=1.50 euros, therefore, $100 priced jeans is 150 euros ($100x1.50 euros).
8.3
B. The U.S. dollar has appreciated since it can now buy 1.50 euros for every dollar from 1.25 euros. Euro has depreciated since U.S. dollar has become costlier.
8.4
A. U.S. exports will fall as the U.S. dollar has become costlier ( more euros are required to buy one U.S. dollar) and imports from Europe will become cheaper and will increase.