question archive Scenario :- Over the last 12 months the US central bank's (The Federal Reserves) policy rate has risen by a whopping amount of 4 percentage point from near zero to 4 percent and as a result the US Dollar has appreciated against all major currencies
Scenario :- Over the last 12 months the US central bank's (The Federal Reserves) policy rate has risen by a whopping amount of 4 percentage point from near zero to 4 percent and as a result the US Dollar has appreciated against all major currencies
Subject:EconomicsPrice: Bought3
Scenario :-
Over the last 12 months the US central bank's (The Federal Reserves) policy rate has risen by a whopping amount of 4 percentage point from near zero to 4 percent and as a result the US Dollar has appreciated against all major currencies.
Given this scenario, you are to discuss how any TWO export-driven economies (of your choice) in Asia will be impacted by this dollar appreciation. One of these countries must be operating on a floating (flexible) exchange rates system and the other one must have its currency fixed against the US dollar.
question:-
You need to gather some facts for each of these two countries:
- identify (supported by data) these countries' key (2- 3 at most) exports. Examples include commodities, such as oil, gas, coffee, tea, rice, etc. or manufacturing goods, such as consumer products, capital goods, auto, or services, such as tourism, etc.).
- identify (supported by data) their key (2-3) imports.
- identify (supported by data) their key trade partners, which could be the US itself or not.
