Economy

Philippines

By-Adelaide Hellmuth, Nolen Doorack, Annah Baize,

and Jack Schwarze

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Philippines Monetary Unit

•Philippine Peso

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Currency Exchange

1.00 USD = 44.6598 PHP

Per Capita

• Philippines 700 pesos (about $350 US) • USA--$22,000.00

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Comparing Prices

Peanut butter-$1.69 75.00 pesos Rice-$1.39 29.00 pesos Whole milk-$1.20 90.00 pesosBig Mac-$2.21 99.39 pesos

As of March 24,2010, Feb.20, 2010 and July 16,2009

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U.S. Philippines

http://www.sulit.com.ph/index.php/classifieds+directory/q/flour

http://blogs.sfweekly.com/foodie/PeanutButter_preview.jpghttp://www.naturesflavors.com/images/Rice%202%20.jpg http://images.businessweek.com/ss/06/05/what

_things_cost/image/bigmac.jpg http://www.crescent.edu.sg/ipw/2000/sec2/24g7-milk/images/blackmilk.jpg

Main Goods• The main goods of the Philippines are-• Electronic and automotive parts• Garments• Bananas• Coconuts• Copper• Gold• Lumber• Pineapples• Sugar

• The natural resources of the Philippines are-• Raw materials• Rich mineral deposits• Extensive coastlines• Arable lands

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Citations• Farflex, Dr. Gerard. "Philippine Monetary Unit". The Free Dictionary. 4-13-10

<http://www.thefreedictionary.com/Philippine+monetary+unit>. • "Philippines". Free essays. 4-13-10

<http://www.freeessays.cc/db/15/euz149.shtml>.

• "Philippine History". 4-13-10 <http://www.philippine-history.org/about-philippines.htm>.

• Aulsuperstore. 4-14-10 <http://www.aulsuperstore.com/>.

• sulit.com.ph. 4-14-10 <http://www.sulit.com.ph/index.php/view+classifieds/id/2094783/referralKeywords/peanut+butter/LOOKING+FOR+DISTRIBUTOR+OF+HOME+MADE+PEANUT+BUTTER>.

• "XE." Currency Converter. XE, 10 Apr 2010. Web. 13 Apr 2010. <http://www.xe.com/ucc/convert.cgi?Amount=1&From=USD&To=PHP&image.x=31&image.y=12>.

• "Free Essays." Philippines. Free Essay, 12 Apr 2010. Web. 14 Apr 2010. <http://www.freeessays.cc/db/15/euz149.shtml>.

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