Question: The data below remresents exchange rates for the U . S . $ and the listed counteries. table [ [ * AUSTRALIA , DOLLAR,
The data below remresents exchange rates for the US $ and the listed counteries.
tableAUSTRALIADOLLAR,BRAZILREAL,CANADADOLLAR,CHINA PRYUAN,DENMARKKRONE,EMU MEMBERS,EURO,HONG KONG,DOLLAR,INDIARUPEE,JAPANYEN,MALAYSIARINGGIT,MEXICOPESO,NEW ZEALAND,DOLLAR,NORWAYKRONE,SINGAPOREDOLLAR,SOUTH AFRICA,RAND,SOUTH KOREA,WON,SRI LANKA,RUPEE,SWEDENKRONA,SWITZERLANDFRANC,TAIWANDOLLAR,THAILANDBAHT,UNITEDKINGDOMPOUND,VENEZUELABOLIVAR,
What is the $Swedish Krona exchange rate from the table? Is that a direct rate or an indirect rate? Explain. Determine either the direct or indirect exchange rate the one that is not given between the US $ and the Swedish Krona. Use the above data table to compute the crossexchange rate between the Taiwan Dollar and the Thailand Baht. For the countries marked with the exchange rate is quoted as the number of dollars required to purchase the particular currency. All others are quoted as the number of units of the currency that may be purchased for $ Are the exchange rates with the direct or indirect exchange rates?
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