03 Jun WHAT DO YOU THINK THIS MEANS FOR AMERICAN IMPORTS FROM YOUR COUNTRY?
home / study / business / economics / economics questions and answers / need a discussion post on the following go to the x-rates web site (http://x-rates.com) and …
Question: Need a discussion post on the following Go to the X-Rates Web site (http://x-rates.com) and find …
Need a discussion post on the following
Go to the X-Rates Web site (http://x-rates.com) and find the current:
a) exchange rate for the US Dollar (USD) and any other country’s currency that you wish to study – you can select the same country that you are using for your research project, (unless it is the Peoples’ Republic of China). Do NOT select the Chinese Yuan as your other currency since it is not a freely floating currency;
b) then from the icons below the currency selection boxes, select Graphs and then select 1 year;c) based on the 12 months of data, which currency is appreciating (gaining value) and which is depreciating (losing value)? Remember it can do both in a year.
d) Now go to the CIA World Factbook and find out what goods and products the country you chose exports.
Since most all of the goods that you buy are either imported or contain inputs from other countries, what do the trends in the exchange rates you examined tell you about the prices you can expect to pay for goods imported from the country you choose or for products that use inputs from that country (i.e., the exports of your country)?
In a global economy most products contain materials from other countries and that includes food. If you had orange juice today, it may well have come from Brazil. Your computer and your cell phone contain parts from America or Japan or Taiwan or Thailand or one of the European countries or from all of these places. Thus, exchange rates directly impact the prices you pay for goods. This is your chance to learn more about how that works.
On the discussion board, share your findings about whether the currency of the country you chose is appreciating or depreciating relative to the US Dollar.
What do you think this means for American imports from your country?
What do you think it means for American exports to your country?
On the discussion board, share your findings about whether the currency of the country you chose is appreciating or depreciating relative to the US Dollar.
§ What do you think this means for American imports from your country?
§ What do you think it means for American exports to your country?
§ Refer to at least two different concepts from this week’s Chapters. Your illustration of the concepts MUST include an explanation why you think they are relevant to the week’s topic using specific information from the articles, Powerpoint presentations, videos and other research that you have done. Remember to include citations and references as needed.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.