6. Pricing foreign goods The exchange rate is the price of one currency in terms of another currency. An exchange rate specifies howI many units of one country's currency equal one unit of another country's currency. Suppose the following table forecasts exchange rate data for June 13, 2020, in terms of Canadian dollars per unit of foreign currency. Use the information in the table to answer the questions that follow. Foreign Currency Canadian Dollars (CDN$) per Unit of Foreign Currency Brazilian real (R$) 0.5076 v.5. dollar (US$) 1.2374 Euro (} 1.5015 Japanese yen () 0.011337 Mexican peso (MEX$] 0.1145 UK pound () 2.2587 Suppose that on June 13, 2020, an ornamental bookcase handmade in Germany is priced at 2,000. The approximate Canadian dollar price of the bookcase would be V . If the exchange rate for the Canadian dollarJapanese yen rises from the rate given by the table to CDN$0.0613 per yen, the value of the Canadian dollar V relative to the yen. Japanlese yell 0.01153/ Mexican peso CDN$750.75 0.1145 UK pound (E) 2.2587 CDN$3,976.30 CDN$3,003.00 CDN$1,332.00 Suppose that on Ju mamental bookcase handmade in Germany is bookcase would be If the exchange rate for the Canadian dollar-Japanese yen rises from the rate given dollar relative to the yen.Suppose that on June 13, 2020, an ornamental bookcase handmade in Germany is priced at booka decreases increases If the e for the Canadian dollar-Japanese yen rises from the rate given by the tal dollar relative to the yen