What is the spot/current rate for the British pound (GBP) in terms of the U.S. dollar (USD)?
International business
Details: I’m confused about the word count as it says 150 words but for only the last question. Please answer questions and no need to write that much on each response only the ones asked for a specific word count
Use the textbook and any other source, as long as you cite it. You must use live relevant data for the answers to 1, 2, & 3
1- What is the spot/current rate for the British pound (GBP) in terms of the U.S. dollar (USD)? Or, from the U.S. perspective, what is the direct quote on pounds?)
2- What is the spot/current price for the USD in terms of the Swiss franc (CHF)? (Or, from the U.S. perspective, what is the indirect rate on Swiss francs?)
3- Using your answers from #1 and #2 above, calculate the cross rate of exchange between the British pound (GBP) and the Swiss franc (CHF) (need to see your math).
4. *** According to the international Fisher Effect, if the real interest rate is 4%, if the U.S. inflation rate is 5% and the Japanese inflation rate is 7%, then what is the nominal interest rate in the US? What is the nominal interest rate in Japan? Need to see math.
5.
What is the expected difference between interest rates in the United States and Japan (do not need to see math, this can be answered in words and not numbers) are rates going up, going down, or staying flat? Cite your source 100-150 words
What are some of the main reasons not all countries in the EU have adopted the Euro (you will need to do some external research)? Cite your sources 100-150 words.
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APA
981 words