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A company based in the United States plans to import some products from Mexico in order to sell them in the US. The exporter has

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A company based in the United States plans to import some products from Mexico in order to sell them in the US. The exporter has informed the company that they will need a payment of 15,015 Pesos. If the exchange rate is $1 US buys 1.65 Pesos, then how many US dollars should the company convert to Pesos? $8,880 $9,100 $9,650 $9,850 A company located in the US is selling a product in Japan for a price of exactly 7,175.5 Yen. The company claims that to produce the product in the US, they face a cost of $56.5 per unit. If the company is just breaking even at this price, then this implies the exchange rate must be $1 US buys Yen. 0 111 O 117 121

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