Question

Which of the following is the direct method for the quotation of the exchange rate from Japanese business perspective? 0.009 US dollars per Japanese yen 110.7 Japanese yen per US dollar 1.15 Euros per Japanese yen none of the above QUESTION6 8 points Save An The public debt in developing countries is higher than in developed countries. Which following is TRUE? the domestic currencies of developing countries are equal with domestic currencies of developed countries developed countries developed countries the domestic currencies of developing countries are weaker than domestic currencies of O the domestic currencies of developing countries are stronger than domestic currencies of none of the above 1e4 assessmentid _123850 18 id: 203300 1& content id-3185494 18 arch

Answer 1

Solution:

5. 110.7 japanese yen per dollar. This is because japanese business has to pay in dollars and for that they has to convert yen into dollars. The amount will be (no, of dollars*exchange rate i.e 110.7 yen).

6. Domestic currency of developing countries is weaker than domestic currency of developed countries. The public debt is taken in part in foreign currency which when converted into domestic currency becomes a big amount.