As of today, the spot exchange rate is $1.12/€ and the interest rates are expected to prevail for the next 5 years in the U.S. is 3% and 5% in the euro zone. What is the expected exchange rate in 5 years according to International Fisher Effect? Show your calculations. (Note: Use USD for $ and EUR for € if you prefer)

Which one of the following parity theories states that, in its absolute version, price levels globally should be equal when expressed in a common currency? 

Under the Bretton Woods system set up at the end of World War II, exchange rates were

Please refer to the following data for a country’s balance of payments (billions of U.S. dollars):                         Balance on current account                                                     -220.56                         Balance on capital account                                                             .60                         Balance on financial account                                                  216.59                         Balance on reserve assets                                                            -6.73             How much is the country’s statistical discrepancy (net errors and omissions)?

The spot exchange rate is $1.50/€ and the 120 day forward exchange rate is 1.45/€. The forward premium (discount) is: 

A. A vida de Bianca. Your friend is telling you about her new friend, Bianca. First, look over the statements below. Then, listen carefully to the passage. Based on the information provided, determine whether each of the following statements is Verdadeiro (true), Falso (false). If the information is not mentioned in the text, select “Não se menciona” (not mentioned). (1 pt. each; 6 pts. total) 1. A Bianca é jovem. 2. A Bianca é portuguesa. 3. Ela é professora de biologia. 4. Ela trabalha sábado. 5. O nome do cachorro dela é Rex. 6. A Bianca cozinha bem.  

A slowdown in U.S. economic growth will

When the U.S. dollar becomes weaker, U.S. exports become more ____ in foreign markets.

A. O que você faz? Here’s a page from your weekly calendar. Fill in the blanks using some of these verbs in the appropriate context and in the correct form. (1pt. correct verb; 1pt. correct conjugation)   SEGUNDA TERÇA QUARTA QUINTA SEXTA SÁBADO DOMINGO comer estudar conversar escrever dançar assistir caminhar tocar beber nadar trabalhar descansar correr morar falar praticar falar escutar alugar comprar tomar   1. No sábado, eu de manhã no parque.2. Na quarta, eu com o time de natação da universidade.3. Na segunda, eu violão.4. No domingo, eu muitos quilômetros.5. Na terça, eu esportes.6. Na sexta, eu em uma discoteca.  

Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4.2474 in British pounds. Therefore, the exchange rate of pounds per dollar under this fixed exchange regime was