11 Cross exchange rate. Assume Polands currency (the zloty) is worth 0.17 and the Japanese yen is...

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11 Cross exchange rate. Assume Poland’s currency

(the zloty) is worth £0.17 and the Japanese yen is worth £0.005. What is the cross (implied) rate of the zloty with respect to yen?

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 28, 2024 05:00 AM

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11 Cross exchange rate. Assume Polands currency (the zloty) is worth 0.17 and the Japanese yen is worth 0.005. What is the cross (implied) rate of the zloty with respect to yen?
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11 Cross exchange rate. Assume Polands currency (the zloty) is worth 0.17 and the Japanese yen is...

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