Question 4 [10 points) In a hypothetical world, between last year and this year, the Plin The United States of America rose from 115 to 130 and the CP in China rose from 105 to 110. The United States of America currency Unit, the Dollar (USD) was worth 1.00US, per Canadian dolar last year and is worth 1.02USD) por Canadian dollar this year. China's currency unit, the Van (CNY), was worth 6,93/CNY) per Canadian dollar last year and is worth 77 CNY) por Canadian dollar this year A. Find the percentage change from tant your to this year in the United States of America's nomine exchange rate with China mentred as # of Dotarat China Yuan) NOTE: Please keep as much precision as possible throughout your calculations and round off your falanwer to two decimal places Percentage change 0% ? Find the percentage change from last year to this year in the United States of America's row/exchange rate with China. Agar asume that we are measuring the nominal exchange rate portions NOTE: Please keep an much precision is ponible throughout your calculations and round off your final anower to two decimal place. Percentage change -0% c) Relative to China, do you expect the United States of America's exports to be helped or hurt by these charges in exchange rates? Helped Hurt Oficial Time: 3:27:53 SUBMIT AND MARK GAVE AND CLOSE MacBook AS Question 4 [10 points] In a hypothetical world, between last year and this year, the CPI In The United States of America rose from 15 to 130 and the CPI in China rose from 105 to 110. The United States of America's currency unit, the Dollar (USD), was worth 1.00 USD) per Canadian dollar last year and is worth 102USD) per Canadian dollar this year China's currency unt, the Yuan (CNY), was worth 693 CNY per Canadian dollar last year and is worth 6.77(CNYper Canadian dollar this year. a) Find the percentage change from last year to this year in the United States of America's nominal exchange rate with China (measured as of Dotarat China Yuan) NOTE: Please keep as much precision as possible throughout your calculations and round off your final answer to two decimal places Percentage change 0% b) Find the percentage change from last year to this year in the United States of America's mal exchange rate with China. Again, asume that we are measuring the nominal exchange rate portion as NOTE: Please keep as much precision as possible throughout your calculations and round off your firal answer to two decimal ploom. Percentage change 0% e) Relative to China, do you expect the United States of America's exports to be helped or hurt by these changes in exchange rates ? Helped Hurt Official Time: 3.28 22 SUAMT AND MAREK SAVE AND CLOSE MacBook E P D F G H Question 4 [10 points) In a hypothetical world, between last year and this year, the Plin The United States of America rose from 115 to 130 and the CP in China rose from 105 to 110. The United States of America currency Unit, the Dollar (USD) was worth 1.00US, per Canadian dolar last year and is worth 1.02USD) por Canadian dollar this year. China's currency unit, the Van (CNY), was worth 6,93/CNY) per Canadian dollar last year and is worth 77 CNY) por Canadian dollar this year A. Find the percentage change from tant your to this year in the United States of America's nomine exchange rate with China mentred as # of Dotarat China Yuan) NOTE: Please keep as much precision as possible throughout your calculations and round off your falanwer to two decimal places Percentage change 0% ? Find the percentage change from last year to this year in the United States of America's row/exchange rate with China. Agar asume that we are measuring the nominal exchange rate portions NOTE: Please keep an much precision is ponible throughout your calculations and round off your final anower to two decimal place. Percentage change -0% c) Relative to China, do you expect the United States of America's exports to be helped or hurt by these charges in exchange rates? Helped Hurt Oficial Time: 3:27:53 SUBMIT AND MARK GAVE AND CLOSE MacBook AS Question 4 [10 points] In a hypothetical world, between last year and this year, the CPI In The United States of America rose from 15 to 130 and the CPI in China rose from 105 to 110. The United States of America's currency unit, the Dollar (USD), was worth 1.00 USD) per Canadian dollar last year and is worth 102USD) per Canadian dollar this year China's currency unt, the Yuan (CNY), was worth 693 CNY per Canadian dollar last year and is worth 6.77(CNYper Canadian dollar this year. a) Find the percentage change from last year to this year in the United States of America's nominal exchange rate with China (measured as of Dotarat China Yuan) NOTE: Please keep as much precision as possible throughout your calculations and round off your final answer to two decimal places Percentage change 0% b) Find the percentage change from last year to this year in the United States of America's mal exchange rate with China. Again, asume that we are measuring the nominal exchange rate portion as NOTE: Please keep as much precision as possible throughout your calculations and round off your firal answer to two decimal ploom. Percentage change 0% e) Relative to China, do you expect the United States of America's exports to be helped or hurt by these changes in exchange rates ? Helped Hurt Official Time: 3.28 22 SUAMT AND MAREK SAVE AND CLOSE MacBook E P D F G H