1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stiv31 [10]
3 years ago
7

Review the table below. Note the exchange rates for dates in January of 2008 and 2013. You will use the information in the table

and what you learned in the lesson to answer the questions that follow.
2008 U.S. currency exchange rate 2013 U.S. currency exchange rate
Canada (Canadian dollar, or CAD) U.S. $1 = 1.00 CAD U.S. $1 = 0.99 CAD
India (Indian rupee, or INR) U.S. $1 = 39.41 INR U.S. $1 = 54.80 INR
European Union Eurozone (euro, or EUR) U.S. $1 = 0.69 EUR U.S. $1 = 0.76 EUR
South Africa (South African rand, or ZAR) U.S. $1 = 6.78 ZAR U.S. $1 = 8.46 ZAR
Source: x-rates.com
Write a paragraph that explains why a traveler will need to visit a currency exchange. Include how exchange rates are determined.
A. You have $25 in the United States. Imagine you are visiting India in 2013 to check out new products. How much would your $25 be in Indian rupees? (Be sure to show your work.)

B. You read a news article about a great new invention in Canada. You think maybe you want to visit Canada instead of India in 2013. How much would your $25 be in Canadian dollars? (Be sure to show your work.)
You can buy certain supplies in the European Union or in South Africa. For the moment, ignore other factors that can affect price. Would it be cheaper to buy your supplies in the European Union or in South Africa? Write a complete paragraph to explain your answer.
Imagine your business sells tablets made in India. Would it have been cheaper to buy the product in 2008 or in 2013? Write a complete paragraph to explain your answer.
Geography
1 answer:
Sindrei [870]3 years ago
6 0
          2008                                          2013
U.S. $1 = 1.00 CAD               U.S. $1 = 0.99 CAD
U.S. $1 = 39.41 INR              U.S. $1 = 54.80 INR
U.S. $1 = 0.69 EUR               U.S. $1 = 0.76 EUR
<span>U.S. $1 = 6.78 ZAR                U.S. $1 = 8.46 ZAR

When you travel, it is better to visit a currency exchange and have your foreign currency exchange into the local or national currency of the country you are visiting. Cash transactions will be easily done once local currency is used. You don't need to worry about the exchange rate every time you purchase a commodity.

2013: US$ 1 = 54.80 INR

$25 x 54.80 INR/$1 = 1,370 INR

2013: US$ 1 = 0.99 CAD

$25 x 0.99CAD/$1 = 24.75 CAD

It would be cheaper to buy products in South Africa than in European Union. This is because the US dollar has a higher value in South Africa than in the European Union.

It would be cheaper to buy the product in 2008 because the value of US dollars in India is lower compared to its value in 2013.

</span>
You might be interested in
Fill in the blank.
storchak [24]

silica

caldera

viscous

denser

subduction

divergence

hot spots

earthquakes

Explosions from composite volcanoes occur as a result of gas buildup within them. Shield volcanoes also may erupt explosively if water accumulates inside their vents.

4 0
3 years ago
Read 2 more answers
Which South American country has the highest population density?
gogolik [260]
We would be looking for a rather small country with a relatively population. It would also probably not include land that is relatively uninhabitable: mountains or jungle or deserts.

The correct answer is: Ecuador. Its population is 16 million and the population density is 55 people per square kilometer.
8 0
3 years ago
Why can't humans use more than 9% of their brain bainliest if right
larisa [96]

Answer:

the 9 percent claim is demonstrably false on a number of levels. First, the entire brain is active all the time. The brain is an organ. Its living neurons, and the cells that support them, are always doing something. (Where’s the “you only use 9 percent of your spleen” myth?) Joe LeDoux, a professor of neuroscience and psychology at NYU, thinks that people today may be thrown off by the “blobs”—the dispersed markers of high brain activity—seen in functional magnetic resonance imaging (fMRI) of the human brain. These blobs are often what people are talking about when they refer to the brain “lighting up.”

Say you’re watching a movie in an fMRI scanner. Certain areas of your brain—the auditory and visual cortices, for instance—will be significantly more active than others; and that activity will show up as colored splotches when the fMRI images are later analyzed. These blobs of significant activity usually cover small portions of the brain image, often less than 10 percent, which could make it seem, to the casual observer, that the rest of the brain is idling. But, as LeDoux put it to me in an email, “the brain could be one hundred percent active during a task with only a small percentage of brain activity unique to the task.” This kind of imaging highlights big differences in regional brain activity, not everything the brain is doing.

In fact, the entire premise of only “using” a certain proportion of your brain is misguided. When your brain works on a problem—turning light that hits your retina into an image, or preparing to reach for a pint of beer, or solving an algebra problem—its effectiveness is as much a question of “where” and “when” as it is of “how much.” Certain regions of the brain are more specialized than others to deal with certain tasks, and most behavior depends on tight temporal coordination between those regions. Your visual system helps you locate that pint of beer, and your motor system gets your hand around it. The idea that swaths of the brain are stagnant pudding while one section does all the work is silly. The brain is a complex, constantly multi-tasking network of tissue.

Explanation:

8 0
2 years ago
Read 2 more answers
Which is the slope of the line y=-3x + 2?
Vesnalui [34]

The slope formula is y = mx + b, where m is the slope and b is the y-intercept. So, the answer to this question would be -3.

4 0
2 years ago
Read 2 more answers
Because of the intertropical convergence zone, land around the equator is likely to have?
irina1246 [14]
Tropical rainforests
3 0
1 year ago
Other questions:
  • What are two organisms gather information about their environment
    9·1 answer
  • WILL NAME BRAINEST<br><br> What is the largest city in America?
    14·2 answers
  • What body of water separates the malay peninsula from borneo?
    14·1 answer
  • Good land and production practices can help increase greenhouse gas emissions.
    5·1 answer
  • Besides the construction of buildings , state two<br>uses of rocks.​<br>Can any one help me
    13·1 answer
  • The earth axis showing the tilted​
    12·1 answer
  • Observe the world population cartogram above. Which statement below is correct
    7·1 answer
  • Which is a drawback of both air conditioning and desalinization?
    10·1 answer
  • What is the population and geographic size of brazil?
    5·1 answer
  • Use a map of your state to answer this question: what factors did the founders of your state use to determine the state's bounda
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!