Year Australia Canada China Japan Mexico Korea

1985 0.7 1.37 2.94 238.47 0.26 872.45

Ch
1986 0.67 1.39 3.46 168.35 0.61 1800 884.6
1987 0.7 1.33 3.73 144.6 1.38 1600 826.16
1988 0.78 1.23 3.73 128.17 2.27 1400 734.52
1200
1989 0.79 1.18 3.77 138.07 2.46 1000 674.13
1990 0.78 1.17 4.79 145 2.81 800 710.64
1991 0.78 1.15 5.33 134.59 3.02 600 736.73
400
1992 0.74 1.21 5.52 126.78 3.1 200 784.66
1993 0.68 1.29 5.78 111.08 3.12 0 805.75
1 2 3 4 5 6 7 8 9
1994 0.73 1.37 8.64 102.18 3.39 806.93
1995 0.74 1.37 8.37 93.96 6.45 772.69
Australia
1996 0.78 1.36 8.34 108.78 7.6 805
Japan
1997 0.74 1.38 8.32 121.06 7.92 953.19 Sweden
1998 0.63 1.48 Chart Title
8.3 130.99 9.15 1400.4
19991600 0.65 1.49 8.28 113.73 9.55 1189.84
20001400 0.58 1.49 8.28 107.8 9.46 1130.9
20011200 0.52 1.55 8.28 121.57 9.34 1292.02
20021000 0.54 1.57 8.28 125.22 9.66 1250.31
2003 800 0.65 1.4 8.28 115.94 10.79 1192.08
2004 600 0.74 1.3 8.28 108.15 11.29 1145.24
2005 400 0.76 1.21 8.19 110.11 10.89 1023.75
2006 200 0.75 1.13 7.97 116.31 10.91 954.32
0 0.0062218615 0.0170017316 4.373825974 892.21852662 15.060568182 46399.17674
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

Australia Canada China Japan Mexico

Korea Sweden Switzerland Kingdom
 Sweden Switzerland Kingdom Foreign exchange rates for nine industrialized co
8.6 the
Chart 2.46
Title 1.3
7.13 1.8 1.47 years 1985–2006. Except for the United Kingdom
6.35 1.49 1.64 exchange rate is defined as
6.14 1.46 1.78 the units of foreign currency for one U.S. dollar; fo
6.46 1.64 1.64 United Kingdom, it is defined
5.92 1.39 1.78
as the number of U.S. dollars for one U.K. pound
6.05 1.44 1.77
Q1) Plot these exchange rates against time and c
5.83 1.41 1.77
the general behavior of the exchange rates over t
7.8 1.48 1.5 time period.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
7.72 1.37 1.53
7.14 1.18 1.58 Q2) The dollar is said to appreciate if it can buy m
Australia Canada China
6.71 1.24 1.56 a foreign currency. Contrarily, it is said to depreci
Japan Mexico Korea
7.64
Sweden
1.45
Switzerland
1.64
Kingdom buys fewer units of a foreign currency. Over the t
7.95 1.45 1.66 1985–2006, what has been the general behavior
8.27 1.5 1.62 dollar?
9.17 1.69 1.52
10.34 1.69 1.44
9.72 1.56 1.5
8.08 1.35 1.63
7.35 1.24 1.83
7.47 1.25 1.82
7.37 1.25 1.84
1.4691950216 0.0732331169 0.0209298701
nine industrialized countries for

or the United Kingdom, the

y for one U.S. dollar; for the

d
rs for one U.K. pound.

tes against time and comment on

exchange rates over the given

preciate if it can buy more units of

ly, it is said to depreciate if it
n currency. Over the time period
the general behavior of the U.S.