a) A candidate running for office says, America will no longer be able to export because...

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a) A candidate running for office says, "America will no longer be able to export because we are going to lose our competitive edge in every good!" Is this possible? Discuss briefly. b) If 7-year rates in the US are 3.35%, and 7-year rates in Japan are 0.2%, and the current exchange rate is 143.75 Yen/$, what exchange rate would you expect in 7-years? a) A candidate running for office says, "America will no longer be able to export because we are going to lose our competitive edge in every good!" Is this possible? Discuss briefly. b) If 7-year rates in the US are 3.35%, and 7-year rates in Japan are 0.2%, and the current exchange rate is 143.75 Yen/$, what exchange rate would you expect in 7-years?

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No it is not possible for America to lose its competitive edge in all areas The United Stat... View the full answer