international finance

11. Lambray a manufacturer of industrial tools near Germany, ships an order to a buyer in Dubai the purchase price is 375,000. Dubai imposes a 10% import duty on all products purchased from the European Union. The Dubai importer then re-exports the product to an Omani importer, but only after imposing their own resale fee of 15%. Given the following spot exchange rates on 25 May, 2021, what is the total cost to the Omani importer in Omani Rails, and what is the U.S. dollar equivalent of that price? Currency Cross rate Spot Rate UAE dirham (AED) per euro (): AED4.45 / UAE dirham (AED) per U.S. dollar ($): AED3.65/$ Omani Rial (OMR) per U.S. dollar ($): OMRO.375/$