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Suppose a Japanese firm is selling cars for $15,000 in the US The current exchange rate is 100$. Explain the situation for the firm as
Suppose a Japanese firm is selling cars for $15,000 in the US The current exchange rate is 100$. Explain the situation for the firm as the exchange rate drops to 80$? How will the firm decide its pass-through decision. What are the main factors it faces in making its decision?
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
