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Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of 160.000. The US. importer will contact his U.S. bank (where, of course, he has an account denominated in U.S. dollars) and inquire about the exchange rate, which the bank quotes as 0.6250/$1.00. The importer accepts this price, so his bank will proceed to the importer's account in the amount of B) credit: $500,000 D) debit; $256,000 A) debit: 100,000 C) credit: 512,100 Answer: D Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of 160.000. The US. importer will contact his U.S. bank (where, of course, he has an account denominated in U.S. dollars) and inquire about the exchange rate, which the bank quotes as 0.6250/$1.00. The importer accepts this price, so his bank will proceed to the importer's account in the amount of B) credit: $500,000 D) debit; $256,000 A) debit: 100,000 C) credit: 512,100 Answer: D