Suppose the us trades only with canada the eurozone and, Financial Management

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Suppose the us trades only with canada the eurozone and

Multilateral exchange rates

Suppose the US trades only with Canada, the Eurozone, and China, and the shares of trade with them are 40%, 30%, and 30% respectively. If the US dollar exchange rates with these country currencies a year ago were: 1.1/CAD, 1.35/Euro, and 1.65/Yuan respectively, and currently the rates are 0.95/CAD, 1.45/Euro, and 1.7/Yuan. How has the US dollar fared against a basket of currencies represented by its trade partners' currencies?

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