Suppose Namibia only trades with the countries given below. Partner Trade volume ($000's) 1 South Africa 4,011,950
Question:
Suppose Namibia only trades with the countries given below.
Partner | Trade volume ($000's) | |
1 | South Africa | 4,011,950 |
2 | United Kingdom | 1,056,915 |
3 | Netherlands | 223,960 |
4 | China | 3,212,700 |
5 | United States | 320,370 |
CPI (2010=100) | ||||||
Country Name | Namibia | Netherlands | South Africa | United Kingdom | United States | China |
2015 | 128.9048 | 109.1832185 | 130.2686073 | 110.9580174 | 108.695722 | 114.9221 |
2016 | 137.5772 | 109.5289654 | 138.8593066 | 112.0769373 | 110.0670089 | 117.2206 |
2017 | 146.0299 | 111.0420628 | 146.0537215 | 114.9435916 | 112.4115573 | 119.0881 |
2018 | 152.2925 | 112.9336621 | 152.6328245 | 117.5790642 | 115.1573032 | 121.5589 |
2019 | 157.9684 | 115.9079949 | 158.9279375 | 119.6227113 | 117.2441955 | 125.0832 |
Bilateral exchange rate for Namibian dollar | ||||
USD | GBP | Euro | Yuan | |
2015 | 12.67216 | 19.39069 | 14.07145 | 2.018231 |
2016 | 14.66225 | 19.74458 | 16.21643 | 2.205355 |
2017 | 13.30542 | 17.12451 | 14.99579 | 1.968538 |
2018 | 13.15025 | 17.58968 | 15.7284 | 1.995214 |
2019 | 14.4368 | 18.42559 | 16.16754 | 2.090446 |
Use the given information to answer the following questions:
- Calculate the nominal exchange rate index for each currency.
- Calculate the PPP implied exchange rates for all currencies.
- Calculate the nominal effective exchange rate index for the Namibian dollar.
- Calculate the bilateral real exchange rate for each currency.
- Calculate the real effective exchange rate index for the Namibian dollar.