Assume the us exports 1000 computers at a price of 3000, Ask an Expert

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Assume the US exports 1,000 computers at a price of $3,000 each and imports 150 UK autos at a price of 10,000 pounds each. Assume that the dollar/pound exchange rate is $2 per pound.

a) Calculate in dollar terms, the US export receipts, import payments and trade balance prior to a depreciation of dollar exchange value.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91608132

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