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a) An Australian manufacturing company is exporting goods to Thailand. In order to ascertain the firm's competitiveness in the foreign market, it needs to calculate

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a) An Australian manufacturing company is exporting goods to Thailand. In order to ascertain the firm's competitiveness in the foreign market, it needs to calculate the THB/AUD cross-rate. A FX dealer quotes the following rates: USD/AUD 1.3112-32 USD/THB I 4.2300-50 Calculate the THB/AUD cross rate

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