5.2 Suppose you want to import raw material from France, which costs €1,000,000. What will be price of these imports to
Posted: Tue Jan 18, 2022 1:01 pm
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?
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?