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A long term contract for a Belgium importer stipulates that: importer of wine in Belgium buys 1 0 , 0 0 0 cases of Romanian

A long term contract for a Belgium importer stipulates that: importer of wine in Belgium buys 10,000 cases of Romanian white wine and pays the Romanian winery in Euros. The Belgium importer then sells the wine to a Swiss importer and is paid in Swiss Francs.
Details:
Romanian wine costs 100 Romanian Leu per case.
Belgium importer now exports the wine to Swiss for 300 Swiss Francs per case.
Total handling, insurance, and transport costs are 2.5 Euros per case
1 Euro =.9 Romanian Leu
1 Euro =3.5 Swiss Franc
1. Would the Belgium firm earn a profit or loss on this deal if the transaction was completed today with current data?
Indicate profit or loss by placing either word here:_______
________________amount of profit or loss from above (use a + for profit and for loss)
Show work here:
2. Which firm or firms, Belgium, Romanian, and/or Swiss are at foreign exchange risk of gaining or losing if this deal is repeated later and exchange rates have changed?
List here:
3. If the exchange rate have now changed to those listed below, calculate the current status for the Belgium firm:
1 Euro =.9 leu
1 Euro =2.5 Swiss Francs
How does that change the Belgium import/exporters profitability?
Profit or loss is now how much answer here____+______(use + for profit and for loss)
Show work clearly here:
4. How has the Romanian exporters condition changed due to the change in the exchange rate described in #3 above? (0ne sentence)

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