The Exchange Rate and the Balance of Payments

Personalized homework help to elevate your understanding and boost your grades. Dive into a world where learning becomes easy, and complex topics transform into simple solutions.
  • ๏‡š24/7 Assistance
  • ๎€ณExpert Tutors
  • ๏‚‘Guaranteed Results

The 3 highly used currencies that that is used for a majority of international payments are:

  • Yen (ยฅ)
  • Euro (โ‚ฌ)
  • Dollar ($)

However, apart fromthese popular and important currencies, there are more than hundreds of currencies that are being used for transactions every day.If considerations are taken for the year 2000 (October), 1.17 euros were bought with 1 U. S. dollar. But in the period between 2000 and 2008, there was a drastic drop in the value of dollar, sinking it way below the value of euro. Later in the year of 2008 (July), it was seen that only 63 euro cents couldbe bought with 1 dollar (U. S.).

It was shocking but also an important question: what was the reason for dollar falling against euro? With this question, another important onetoo came to the forefront, is there anyspecific waywith which U. S. can stabilize dollarโ€™s value?

From 1988 to present, a majority of foreign entrepreneurshave set up their roots in United Statesafter loading their huge virtual shopping carts. Most of the products were Ben & Jerry’s, Gerber, Columbia Pictures, Anheuser – Busch, and Firestone. These highlighted products are now in control of European or Japanese companies. Now here, there is another important question. Why are most foreigners purchasing U.S. businesses?

Here you will get the answers to all these queries.


Links of Previous Main Topic:-

Links of Nextย Macroeconomics Topics:-

Download Our Solved Homework Solutions ๐Ÿ“š

Curious about the level of quality we deliver? Navigate through our carefully curated selection of solved assignments, neatly organized by subject and level. This is a great way to get a feel for our service before you submit your own assignments.

Go ahead, download, review, and let us help you excel! ๐Ÿš€

Accounting Homework

Corporate Accounting Sample

Biology Homework

Genetics Assignment Sample

Essay Writing Help

Business Plan Homework Sample

Statistics Homework

SPSS Assignment Sample

Score High with Our Experts

At MyHomeworkHelp, our experts are alumni from world-class universities and colleges. Each candidate undergoes a stringent check of their academic prowess and professional history before joining us as expert.

Hear It From Our Students

Real stories from students who’ve experienced our high-quality assistance. Discover how we’ve helped them excel!

Got Questions? We’ve Got Answers

How do I submit my homework?
Click on the "Get Help Now๐Ÿš€" button at the top of our website. Fill in the required details about your assignment and our team will get back to you within 15 minutes with a free quote.
Is there a guarantee on the quality of work?
Absolutely! We ensure top-quality assistance. If you're unsatisfied with the results, we offer revisions and a money-back guarantee based on certain conditions.
How quickly can I expect my completed assignment?
Our experts work diligently to meet your deadlines. Depending on the complexity, we usually deliver assignments within the stipulated time mentioned in the quote.
Who are the experts assisting me?
Our team comprises professionals with academic expertise in various fields. Each expert is thoroughly vetted and has a track record of delivering excellence.
What if I need revisions?
Your satisfaction is our priority. If you need any revisions, contact us with the specific changes, and our experts will address them promptly.
How do you ensure the privacy of my information?
We take privacy seriously. All your data is encrypted and we follow strict confidentiality protocols. Your personal and assignment details will never be shared with third parties.