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Assume you are an American importer. Is this a good thing for you or not? (Q5) Let's say you have U.S. $1 million in as
Assume you are an American importer. Is this a good thing for you or not? (Q5) Let's say you have U.S. $1 million in as your budget to buy in European Union. Please show your work to demonstrate why this is a good thing or not a good thing for you (hint: compare how much Euro you will have to spend in European Union between old and new rates). (16)
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