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1、1.?Thenominalexchangerateisthe?a.?nominalinterestrateinonecountrydividedbythenominalinterestrateintheothercountry.?b.?theratioofaforeigncountry’sinterestratetothedomesticinterestrate.?c.?rateatwhichapersoncantradethecurrencyofonecountryforanother.?d.?therealexchangerateminustheinflationrate
2、.ANSWER:??cDIFFICULTY:??EasyREFERENCES:??ThePricesforInternationalTransactions:RealandNominalExchangeRatesLEARNING?OBJECTIVES:??ECON.MANK.004-Analyzethedeterminantsofrealandnominalexchangerates.TOPICS:??InternationaltradeExchangeratesKEYWORDS:??BLOOM'S:KnowledgeCUSTOM?ID:??001.31.2-MC-MANK0
3、82.?Iftheexchangerateis.60Britishpounds=$1,abottleofalethatcosts3poundscosts?a.?$1.80.?b.?$4.80.?c.?$5.?d.?Noneoftheaboveiscorrect.ANSWER:??cDIFFICULTY:??EasyREFERENCES:??ThePricesforInternationalTransactions:RealandNominalExchangeRatesLEARNING?OBJECTIVES:??ECON.MANK.036-Computethedomesticp
4、riceofagoodusinginternationalpricesandnominalexchangerates.TOPICS:??InternationaltradeExchangeratesKEYWORDS:??BLOOM'S:ApplicationCUSTOM?ID:??002.31.2-MC-MANK083.?Iftheexchangerateis5EgyptianpoundsperU.S.dollar,awatchthatcosts$25USdollarscosts?a.?125Egyptianpounds?b.?50Egyptianpounds?c.?5Egy
5、ptianpounds?d.?Noneoftheaboveiscorrect.ANSWER:??aDIFFICULTY:??EasyREFERENCES:??ThePricesforInternationalTransactions:RealandNominalExchangeRatesLEARNING?OBJECTIVES:??ECON.MANK.036-Computethedomesticpriceofagoodusinginternationalpricesandnominalexchangerates.TOPICS:??InternationaltradeExchan
6、geratesKEYWORDS:??BLOOM'S:ApplicationCUSTOM?ID:??003.31.2-MC-MANK084.?Iftheexchangerateis2BrazilianrealsperdollarandamealinRiocosts20reals,thenhowmanydollarsdoesittaketobuyamealinRio??a.?40andyourpurchasewillincreaseBrazil’snetexports.CopyrightCengageLearning.PoweredbyCognero.Page?27?b.?10a
7、ndyourpurchasewillincreaseBrazil’snetexports.?c.?40andyourpurchasewilldecreaseBrazil’snetexports.?d.?10andyourpurchasewilldecreaseBrazil’snetexports.ANSWER:??bDIFFICULTY:??ModerateREFERENCES:??ThePricesforInternationalTransactions:RealandNominalExchangeR