I just did a page of LaTex for this (which I lost) and I am not going to repeat it BUT
Here is a page that I put together on negative indices. It should help you understand how it works.
http://web2.0calc.com/questions/indices-especially-negative-indices
Very simplistically,
If something is raised to a negative indice you swap it to the other side of the fraction line and change the negative index to a positive index.
Also do you mean
2x/3(y^-1) which means $$\frac{2x}{3}\times y^{-1}$$
or do you mean
2x/(3(y^-1)) which means $$\frac{2x}{3y^{-1}}$$
You need to learn to use brackets so that your meaning is unmistakable!