If the exchange rate for the dollar changes from Question 2s values to 0.80 pounds and 300
Question:
If the exchange rate for the dollar changes from Question 2’s values to 0.80 pounds and 300 yen, then answer questions
(a) through (c)
above, plus:
d. How has the dollar appreciated or depreciated against the pound and the yen?
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a 125 and 00333 yen b 9600 pounds it is cheaper than in Question 2 36000...View the full answer
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