Question
Foreign exchange and commodity prices. While traveling in the following countries, you occasionally resort to U.S. food. You pay the following prices for a Big
Foreign exchange and commodity prices.While traveling in the following countries, you occasionally resort to U.S. food. You pay the following prices for a Big Mac:
India:206 rupees Kuwait:1.45 dinars Sweden:34.58 kronor Ukraine:131 rubles If the price of a Big Mac is $4.38 in the United States, what are the implied exchange rates for these currencies? What is the implied direct, or American, exchange rate between the U.S. dollar and Indian rupee? $__ per rupee(Round to four decimal places.) What is the implied indirect, or European, exchange rate between the Indian rupee and U.S. dollar? __rupees per $ (Round to four decimal places.) What is the implied direct, or American, exchange rate between the U.S. dollar and Kuwaiti dinar? $__per dinar (Round to four decimal places.) What is the implied indirect, or European, exchange rate between the Kuwaiti dinar and U.S. dollar? __dinars per $(Round to four decimal places.) What is the implied direct, or American, exchange rate between the U.S. dollar and Swedish krona? $__per krona(Round to four decimal places.) |
What is the implied indirect, or European, exchange rate between the Swedish krona and U.S. dollar?
__kronor per $(Round to four decimal places.)
What is the implied direct, or American, exchange rate between the U.S. dollar and Ukrainian ruble?
$__per ruble (Round to four decimal places.)
What is the implied indirect, or European, exchange rate between the Ukrainian ruble and U.S. dollar?
__rubles per $(Round to four decimal places.)
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