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ABC Inc. produces in both France and the United States. Last year when the exchange rate was 1 . 2 5 $ / Euro ,
ABC Inc. produces in both France and the United States. Last year when the exchange rate was $Euro ABC Inc. set its price in europe at Euros and its price in the United States at the equivalent dollar amount, $ This year the value of the dollar is $Euro After some examination, ABC Inc. decides that it will keep the price in Europe constant, but will adjust the US price to $ In this case, what can we determine is the degree of passthrough for ABC's product?
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