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1) A customer makes a deposit of 10,000 pounds in a London bank. The interest rate on pounds is 8% and over the course o

Posted: Wed Jul 06, 2022 6:21 am
by answerhappygod
1) A customer makes a deposit of 10,000 pounds in a London bank.The interest rate on pounds is 8% and over the course of the yearthe exchange rate moves from $1.52 per pound to $1.63 per pound.What is the dollar rate of return?
11 percent
19 percent
8 percent
3 percent
2) With a voluntary export restraint, who gets the quotarents?
Group of answer choices
The exporting country
The importing country