答案和详解如下： Q1. If the exchange rate value of the euro goes from $0.95 to $1.10, then the euro has:
A) depreciated and the Dutch will find U.S. goods more expensive. B) depreciated and the Dutch will find U.S. goods cheaper. C) appreciated and the Dutch will find U.S. goods cheaper. Correct answer is C) An exchange rate is a ratio that describes how many units of one currency you can buy per unit of another currency. The numerator will be in the currency in which the quote is made, and the denominator is the other unit of the currency you are comparing. A currency appreciates when it rises in value relative to another foreign currency. Likewise, a currency depreciates when it falls in value relative to another foreign currency. An appreciation in value of a currency makes that country's goods more expensive to residents of other countries. The depreciation of the value of a currency makes a country's goods more attractive to foreign buyers. Q2. You observe that the exchange rate for pesos is 8 per U.S. dollar, and the exchange rate for Danish krones is 6 per U.S. dollar. What is the peso to krone (MXN/DKK) exchange rate?
A) 1.333. B) Cannot be determined with the data given. C) 0.750. Correct answer is A)
8 MXN/USD / 6 DKK/USD = 1.333 MXN/DKK Q3. Currency quotes at the closing of the European market were 105 yen/$ and 0.9350 $/ | 
发表于 2009-1-13 14:00
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