need help with Macro Econ Exchange Rate question…?
I can’t seem to wrap my head around this. I can usually figure out USD to CAD conversion. (for example.USD exg 10% usd, usd = .10cad)
But these international rates are getting me.
country $ of shirt exchange rate
canada 31.50 —
china 126 yuan 5.3
mexico 168 6
what is the cheapest country to buy the shirt in?
how do you figure out the currency… Continue reading
Categories: Economics Tags: canadian dollars, china, currency exchange, exchange rate, exg, Mexico, rate canada, usd to cad conversion, yuan
When America turns into a 3rd world country which currency will they adapt?
The Canadian Dollar, the Euro, the Peso, the Yen, the Pound… or the Yuan?… Continue reading
Categories: Economics Tags: Canadian Dollar, yen, yuan
