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Suppose ABC company charges 2.5 euro for a drink in Italy. If the euro depreciates from $1.2/euro to $1.0/euro, what price will ABC have to
Suppose ABC company charges 2.5 euro for a drink in Italy. If the euro depreciates from $1.2/euro to $1.0/euro, what price will ABC have to charge for its drink to maintain its per unit dollar revenues?
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