(1) What might happen if people lose trust in theircountry’s currency? (2) Why couldn’t you buy yourgroceries using an amount of gold of equal value tothe cost of the items you want to purchase?

Q: In 2008 and 2009, international financial markets suffered large declines in stock, bond, and real…

A: ANSWER 1 Greece joined the eurozone in 2001 to join a country expected to show it had achieved…

Q: 1. Find B and E. For both, write down the appropriate currency i.e. $ or Euro or Lira, etc. Show…

A: Exchange rate determines the unit of one currency that can be exchanged for one unit of other…

Q: Where was paper money first used in history?    a) Germany  B) Chinese  NS) USA  D) Russia…

A: Paper money is a country's official paper currency that can be used for the transaction of goods and…

Q: Russia demands payment in the rouble, which is Russia's currency, for Russian gas instead of US…

A: Russian gas must be paid in roubles, Russia's currency, rather than dollars.

Q: what is the importance of excess reserves?

A: The Federal Reserve mandates that commercial banks keep a portion of their deposits with the Fed as…

Q: You can walk into any department store and compare prices on jeans. Which of the following functions…

A: Money as a unit of account, or measure of value refers to that function of money that helps us to…

Q: Quality improvements decrease the value of the currency and are reflected in the O True O False

A: CPI measures the value of market basket of goods and services bought by a consumer in a given period…

Q: Which metal has the smallest proportion of its technically recoverable reserves that are currently…

A: As we know, very little of the technically recoverable reserves are economically profitable to…

Q: Critical Thinking In 1999, several single European na- tions banded together to form the European…

A: The size of the single money and the size of the euro zone likewise acquire new freedoms for the…

Q: What are the key developments in electronic banking does in recent time? How ha s it become so…

A: Electronic banking is also referred to as electronic bank transfer. It implies that the funds can be…

Q: Explanation it correctly Q)TRUE OR FALSE? One reason for the evolution of monetary goods or…

A: Money is a monetary instrument that is used across the globe to make all the transactions between…

Q: Question:(110) What would happen if you had a significant portion of your money (let's say 50%)…

A: The exchange rate is the rate at which one currency can be exchanged for another.

Q: does increased correlations between two currencies affects a company's exposure? why?

A: Exchange rate:- An exchange rate determines the price where the currency would be exchanged for the…

Q: What would make a country decide to changefrom a common currency, like the euro, back to its own…

A: Dollarization: It refers to the process in which the local currency of the country has become…

Q: ith a barter system, 1 dog is worth 20 carrots, 40 carrots are worth 8 beans and 1 cat is worth 100…

A: Barter System is the system in which two-person or more parties are exchanging goods and services to…

Q: Which of the following lead to creation of the EMU (European Monetary Union)? O Masstricht Treaty O…

A: The European Monetary Union (EMU) entails the coordination of economic and fiscal policies, a joint…

Q: 300 320 280 240 200 100 120 80 1980 1990 2000 2010 2020 Source: Board of Governors of the Federal…

A: Exchange rate shows the value of one currency against the other for example if exchange rate of…

Q: Fiat money is O A. a currency that is protected with computer codes B. a currency that is not…

A: Fiat money is the money that is issued by the government that is not backed by any physical…

Q: How much is rand compared to dollar

A: Rand:- This is the official currency of South Africa. It is made up of 100 cents. Symbol of Rand is…

Q: Adam Smith would have been a proponent of goavernments manipulating their currency. O True O False

A: Adam smith believed that the government should not interfere in free market.  Smith believed that…

Q: What are the advantages of using gold standard? What is disadvantages? Picture out the economic…

A: The gold standard is a mechanism in which the value of a country's currency is directly related to…

Q: What would be the challenges and issues of using Gold as a currency for a country

A: Currency or money has three functions: 1. Store of value - Money serves as a store of value since…

Q: Imagine that you are explaining the international monetary system to a relatively smart 14 year old.…

A: The World Bank also known as the international monetary fund or the international organization that…

Q: Suppose that we are in a country Localia, again trading LCL as our currency. We are still trading…

A: Since you have asked us to solve only question 8, we will answer the given question for you. If you…

Q: b. Salt was used in many European countries as a medium of exchange. c. For a brief time, Germany…

A: please find the answer below.

Q: 4. How could a business selling goods overseas secure payment for the goods it exports, when goods…

A: The movement of products, services, capital, and technology between nations is referred to as…

Q: If the Fed started printing large quantities ofU.S. dollars, what would happen to the numberof…

A: The exchange rate determines the price of the currency of a domestic country when it is exchanged…

Q: What's are the factor to consider during exchange of currency.?

A: Meaning of Exchange Rate: The term exchange rate refers to the situation under which a particular…

Q: How do individuals of one nation trade money with individuals of another nation

A: International trading refers to exchange of goods, services, and capital across borders. It reflects…

Q: Could you add more information regarding the below statement? "The Federal Reserve System plays a…

A: Federal reserve is the central bank of USA which has the sole authority to control and regulate the…

Q: 4. Historically, money has become more and more important - the technological developments made…

A: During older days, there was barter system, in which goods were exchanged for goods. Then metals…

Q: If the Indian government unexpectedly announces thatit will be imposing higher tariffs on foreign…

A: Exchange rate is the price of a currency of one country in terms of the currency of another country.…

Q: The newly-formed kingdom of Monkeytown is attempting to create their first currency. Many…

A: Money can be understood as something which is declared legal tender by the central authority and act…

Q: Match each currency with the country or countries that use it. Drag each item on the left to its…

A: Currency Country name YEN JAPAN POUND UNITED KINGDOM YUAN CHINA

Q: A famous American has been visiting the same tropical island for 15 years for vacations. When she…

A: No one is paying for her vacation. Neither her nor the bank is paying any money for the services she…

Q: Identify each transaction by whether it belongs in the US current account or financial account: A…

A: Current account records exports and imports of goods and services, and investment income.

Q: Lets say there is country A which is more developed like china and country B which is less developed…

A: Countries can choose to borrow money from each other to fund domestic exchanges or build better…

Q: Suppose the cost of purchasing euros (EUR) and Canadian dollars (CAD) at the airport are given by…

A: given,  EUR is cost of purchasing euros CAD is Canadian dollars. EUR=USD 1.32/1.47CAD1=USD0.85/0.97…

Q: elect 2 currency instruments and compare the advantages and disadvantages of them for  the investor?

A: 1. Treasury bills Treasury bills are the short-term money market equilibrium that enables investors…

Q: A couple is considering moving to Tokyo from New York. Casey's cost of moving is S60,000, and…

A: If they move to New York, their total cost=60,000+90,000=150000 If their increased income=…

Q: Mr. Ali is an exchange broker. He always researched for opportunities of profit through the…

A: Exchange rate refers to the value of one currency in terms of another. Spot exchange rate refers to…