5.2 Suppose you want to import raw material from France, which costs €1,000,000. What will be price of these imports to

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

5.2 Suppose you want to import raw material from France, which costs €1,000,000. What will be price of these imports to

Post by answerhappygod »

5.2 Suppose you want to import raw material from France, which
costs €1,000,000. What will be price of these imports to your firm
in British pounds. If the exchange rate is €1.20 per GBP. What will
happen to the price if the exchange rate decreases to €1.10 per
U.S. dollar?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”