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During a shopping spree in China , C . Dundee has bought a Sony CD boom box ( with woofers and tweeters ) for C

During a shopping spree in China , C. Dundee has bought a Sony CD boom box (with woofers and tweeters) for CY2,000, jade jewelry for CY4,000, and four custom-made suits for CY25,000. The spot exchange rate is CYAUD=5.
(a) If PPP held, what should the same boom box, jewelry, and suits cost in Australia?
(b) Suppose Mr Dundee is (unexpectedly) stopped at customs as he arrives in Melbourne, and must pay import duties of 20percent. If the same boom box, jewelry, and suits cost AUD 450, AUD 1,500, and AUD 8,000 in Australia respectively, was his shopping spree worth at least the CY10,000 paid for airfare and hotels during his trip?

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