Question: can you please hell me answer these 2 questions? 2. On May 29, 2020, the Wall Street Journal reported the following rates: GBP/USD= 1.2343 and

can you please hell me answer these 2 questions?
can you please hell me answer these 2 questions? 2. On May

2. On May 29, 2020, the Wall Street Journal reported the following rates: GBP/USD= 1.2343 and USD/CHF=0.9619 You want to exchange British pounds for Swiss francs. a. What is the GBP/CHF exchange rate? b. Now assume that the Swiss franc depreciated 20% against the US dollar. What is the new GBP/CHF exchange rate? 3. In order to give its goods a competitive advantage in the international markets, the country of Slabovia devalued its currency, the Slab, about a year ago. However, a year later, the action has not made any significant change to its exports. Can you produce a scenario in which the Slabovian action did not bring about the desired results

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