13. International Fisher Forecasts. Assuming International Fisher applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies:
A. Japanese yen/US dollar in one year
B. Japanese yen/Australian dollar in one year
C. Australian dollar/US dollar in one year.
Gross Domestic Product
Industrial Production
Unemployment Rate
Country
Latest Qtr
Qtr
Forecast 2007e
Forecast
Recent Qtr
Latest
2008e
Australia
4.30%
3.80%
4.10%
3.50%
4.60%
4.20%
Japan
1.60%
-1.20%
2.00%
1.90%
4.30%
3.80%
United States
1.90%
3.80%
2.00%
2.20%
1.90%
4.70%
Consumer Prices
Interest Rates
Country
Year Ago
Latest
Forecast 2007e
3 month Latest
1 yr Govt Latest
Australia
4.00%
2.10%
2.40%
6.90%
6.23%
Japan
0.90%
-0.20%
0.00%
0.73%
1.65%
United State
2.10%
2.80%
2.80%
4.72%
4.54%
Trade Balance
Current Account
Current Units (per US$$)
Country
Last 12 mos (billion $)
Last 12 mos (billion $)
Forecast 07 (% of GDP)
Oct 17th
Year Ago
Australia
-13
-47
-5.70%
1.12
1.33
Japan
98.1
197.5
4.60%
117
119
United State
-810.7
-793.2
-5.60%
1
1
13. International Fisher Forecasts. Assuming International Fisher applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies:
A. Japanese yen/US dollar in one year
B. Japanese yen/Australian dollar in one year
C. Australian dollar/US dollar in one year.
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