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Question 49 1.6 pts Orial Diez Miguel S.R.L., a manufacturer of heavy duty machine tools near Barcelona, ships an order to a buyer in Jordan.
Question 49 1.6 pts Orial Diez Miguel S.R.L., a manufacturer of heavy duty machine tools near Barcelona, ships an order to a buyer in Jordan. The purchase price is 500,000. Jordan imposes a 15% import duty on all products purchased from the European Union. The Jordanian importer then re-exports the product to a Saudi Arabian importer, but only after imposing their own resale fee of 25%. Currency Crossrate Spot Rate Jordanian dinar (JD) per Euro JD 0.95/ Jordanian dinar (JD) per U.S. ($) JD 0.70/$ Saudi Arabian riyal (SRI) per U.S. dollar ($) SRI 3.40/$ What is the dollar price after all exchanges and fees? $975,446 O $830,002 O $546,250 $682,813
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