What should the exchange rate be in 2003

Assignment Help Business Management

Reference no: EM131278331

From base price levels of 100 in 2000, Japanese and U.S. price levels in 2003 stood at 102 and 106, respectively.

a. If the 2000 $:¥ exchange rate was $0.007692, what should the exchange rate be in 2003?

b. In fact, the exchange rate in 2003 was ¥ 1 = $0.008696. What might account for the discrepancy? (Price levels were measured using the consumer price index.)

Reference no: EM131278331

Questions Cloud

Comment on the turkish banks funding strategy : In 1993 and early 1994, Turkish banks borrowed abroad at relatively low interest rates to fund their lending at home.- Comment on the Turkish banks' funding strategy.

Customer relationship management environment : Apply theories, models, and practices of marketing. Integrate fundamental principles and application of marketing to address business problems. Communicate in a manner that is professional and consistent with expectations for members of the business ..

What are typical turbo-pump efficiencies : Discuss the main causes of loss of available energy in a turbine and how they can be minimized. What are typical turbine efficiencies?

Think of some foreign products that are marketed : Think of some foreign products that are marketed in the United States. Have the foreign manufacturers used marketing that is sensitive to U.S. culture? Provide some specific examples.

What should the exchange rate be in 2003 : If the 2000 $:¥ exchange rate was $0.007692, what should the exchange rate be in 2003?- In fact, the exchange rate in 2003 was ¥ 1 = $0.008696. What might account for the discrepancy?

Impact ofcombining complex pathophysiologic concepts : Diabetes The goal of this assignment is to illustrate the impact ofcombining complex pathophysiologic concepts using diabetes mellitus as theselected clinical model. Read the case study below and answer the questions using complete sentences. T.J., a..

How local ionization of flowing air can accelerate it : Discuss the main causes of loss of available energy in a turbine and how they can be minimized. What are typical turbine efficiencies?

Closed impersonal method and modern persuasion method : Of the two approaches on managing unproductive employees -- the closed impersonal method and the modern persuasion method -- which is more effective and why? Explain your reasoning.

Identify sources on slides that contain reference material : Identify sources on slides that contain reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) and list them on a reference slide.

User Account

All Pages