Assume there is an exchange rate of 117.87/$. This means that Select one: a. that 117.87 dollars buys one yen b. that 117.87 yen buys one dollar c. a direct quote on the dollar d. an indirect quote on the yen Sacramento Cement is expanding into Central and South American markets. by purchasing local cement companies in Brazil, Argentina, and Mexico. These purchases represent what kind of investment? Select one: a. non-equity regional expansion b. foreign contractual agreements C. foreign greenfield investments d. acquisitions A Mexican paper company buys raw materials from a US forest products company in Oregon. The U.S. dollar has been appreciating against the Mexican Peso. The purchase contract states the price in dollars and calls for payment within 60 days in U.S. dollars. Given this scenario, what is the most likely outcome for the Mexican company? Select one: a. The Mexican firm will earn more Pesos than expected because the dollar has been appreciating against the Peso b. The Mexican firm will have to pay more in US Dollars than originally expected C. The cost of the transaction in Pesos will be higher than the Mexican firm had originally expected There will be no change in cost since both countries are part of the North American Free Trade Agreement (NAFTA) d