Question
From January 20X1 to January 20X2, the JPY appreciated 7% against the USD. In January 20X1, Nikon priced its D3400 DSL camera for USD 395
From January 20X1 to January 20X2, the JPY appreciated 7% against the USD.
In January 20X1, Nikon priced its D3400 DSL camera for USD 395 in the U.S. Because of the intense competition in the US, the company has decided to use a zero pass-through for this camera, what will be the 20X2 price?
| A. | USD 407 |
| B. | USD 422.65 |
| C. | USD 395 |
| D. | USD 367.35 |
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
