Finance, Forex and Investments

Economics help? Can anyone help me with any of these questions? Please! Ill rate best answer?

3. A marine biologist is planning to move from Sydney, Australia to San Francisco. She has $5,000 Australian dollars (AUD) to make the move. In the summer of 2006, the exchange rate of USD/AUD is 0.765, and the USD is rising against the AUD. If the rising dollar trend continues, and all other economic elements remain equal, will her AUD be worth more USD now or later? Explain. 4. A U.S. student studied abroad in Zürich, Switzerland. When he arrived in Zürich in January 2005, he exchanged $20,000 for Swiss francs when the exchange rate of USD/CHF was 1.15. When he left Zürich in January 2006, the exchange rate was 1.30. If he had started his year abroad in January 2006 instead of January 2005, would he have gotten more or fewer francs? What is the exact difference? (5 points) 5. The USD is rising quickly relative to the Indian rupee (INR). Will an Indian company that imports cars made in the United States find that car prices in INR will rise or fall? Explain. (5 points) 6. Considering what you’ve learned, how important is it to consider exchange rates when planning to travel to another country? Can anyone predict which currencies are likely to increase or decrease in value? Explain. (5 points)

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