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6 . Pricing foreign goods The exchange rate is the price of one currency in terms of another currency. An exchange rate specifies how many units of one country's currency equal one unit of another country's currency. Suppose the following table forecasts exchange rate data for May 24, 2020, in terms of Canadian dollars per unit of foreign currency. Use the information in the table to answer the questions that follow. Foreign Currency Canadian Dollars (CDN$) per Unit of Foreign Currency Brazilian real (R35) 0.5514 u.s. dollar (US$) 1.0847 Euro () 1.4558 Japanese yen (20 0.008925 Mexican peso (MEX$] 0.1001 UK pound (E) 2.152 Suppose that on May 24, 2020Jr a children's doll handmade in Japan is priced at X1,000. The approximate Canadian dollar price of the doll would be v If the exchange rate for the Canadian dollarJapanese yen falls from the rate given by the table to CDN$0.0039 per yen, the value of the Canadian dollar V relative to the yen. U.S. dollar (US$) 1.084/ Euro (E) 1.4558 Japanese ven () 0.008925 CDN$4.46 MEX$) 0.1001 2.152 CDN$112,044.82 CDN$8.93 CDN$1,008.93 24, 2020, a children's doll handmade in Japan is priced at Y1,00 If the exchange rate for the Canadian dollar-Japanese yen falls from the rate given by dollar relative to the yen.Suppose that on May 24, 2020, a children's doll handmade in Japan is pric decreases increases If the e for the Canadian dollar-Japanese yen falls from the ra dollar relative to the yen

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