Question
Firm Q has an FX pass through policy of 80%. The local sales price of its product is NZD 286.00 per unit. Say the NZD
Firm Q has an FX pass through policy of 80%. The local sales price of its product is NZD 286.00 per unit. Say the NZD appreciates by 12.22% against the USD. What is the new sales price in NZD after the NZD appreciation? Assume that Kim Inc. is an exporter firm.
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
