a Brief History of the Twenty-first Century by Tho

a Brief History of the Twenty-first Century by Thomas L. Friedman

The primary theme of the paper is a Brief History of the Twenty-first Century by Thomas L. Friedman in which you are required to emphasize its aspects in detail. The cost of the paper starts from $99 and it has been purchased and rated 4.9 points on the scale of 5 points by the students. To gain deeper insights into the paper and achieve fresh information, kindly contact our support.

International Economics Exam

Give a direct answer to each question, do not write an essay! use this book as source: The Required Textbook for the course is International Economics (13th edition) by Richard J. Carbaugh. ISBN-10: 1439038945 Additional reading for the course is The World is Flat: a Brief History of the Twenty-first Century by Thomas L. Friedman ISBN-10: 0374292884. ISBN-13: 9780374292881 and this is the article posted on Campus Portal “Our Currency, Your Problem”, link: http://www.hoover.org/publications/hoover-digest/article/6386 this is my final exam, please do a good work.
Name:Institution:Course:Date of submission: International Economics Final Exam Chapter 10Use the information in the following table on Switzerland`s 1998 international transactions to answer the following question (amounts are in millions of dollars) BOP Account AmountMerchandise Imports 92, 871Merchandise Exports 93,859Services Imports 15,406Services Exports 26,683Investment Income receipts 43, 720Investment Income payments 27, 702Unilateral Transfers (-) 3,736---------------------------------------------------------------------------------------------------------------- Calculate the trade balance? 4 pointsThe trade balance shows the difference between exports and imports in a country on goods and services, it is also known as net exports. Merchandise trade balance only shows the net imports of merchandise goods. creditsdebits Trade balanceExportsMerchandise93,859Services26,683Total 120,542Imports Merchandise-92,871Services-15,406Total (108,277)Trade balance12,265 b. Calculate the current account balance? 4 points creditsdebitsCurrent account ExportsMerchandise93,859Services26,683investment income receipts43, 720total164,262Imports Merchandise-92,871Services-15,406investment income payments-27,702total(135,979)Unilateral Transfers-3,736Current balance Account 24547 Did Switzerland become a larger international net creditor during 1998? 2 pointsThe current, capital, and balancing account are components of the balance of payments; receipts represent flows of foreign currency in the nation while payments are outflows. A net creditor nation typically invests resources in other countries out of surplus accounts. Thus, a net creditor nation has more assets held abroad than the value of foreign owned assets held in the country (Carbaugh, 364). The surplus (positive) current account balance of Switzerland shows that the nation is a net creditor. However, there is a need to look for more information on capital and balancing account, which may result to a deficit lance of payments. 2. Chapter 11a) A US $ costs 0.6 British Pound but the same dollar can be purchased for 1800 Italian Lira. What is the Lira/Pound exchange rate? 5 points1 $= 0.6 Pounds and 1$= 1800 Lira, thus 1, 800 Italian Liras are equal to 0.6 British pounds. One British pound is equal to 1800/ 0.6= 3000 Italian Liras is 1/ 1,000 which is 0.000333.b) Suppose that on January 1, one Dollar exchanges for 100 Yen. If a Big Mac costs $2.40 in the US and 290 Yen in Japan, does the yen appear to be overvalued, undervalued, or at the PP...
100% Plagiarism Free & Custom Written, Tailored to your instructions