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International and Balance of Payment in the Macro Economy

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1. Suppose the value of the French Franc in terms of the dollar is:
50 on October 12 , and 44 on October 17. By how much has the Franc appreciated or depreciated against the dollar? Choose: Appreciation or Depreciation. By what percentage?

2. Suppose the Value of French Franc in terms of the dollar is 40 on October 12 and 45 on October 17. By how much has the Franc appreciated or depreciated against the dollar? Choose: Appreciation or Depreciation. By what percentage?

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International and Balance of Payment in the Macro Economy is featured.

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1.Suppose the value of the French Franc in terms of the dollar is:
50 on October 12, and 44 on October 17. By how much has the Franc appreciated or depreciated against the dollar? Choose: Appreciation or Depreciation. By what percentage?

On October 12,
Exchange Rate ...

Solution provided by:
Lokesh Jain, MSc
Education
  • BEng (Hons) , Birla Institute of Technology and Science, India
  • MSc (Hons) , Birla Institute of Technology and Science, India
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