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Suppose the law of one price holds for steel between South Korea and Japan. If one ton of steel sells for 2 million Korean Won

Suppose the "law of one price" holds for steel between South Korea and Japan.

If one ton of steel sells for 2 million KoreanWon and an identical ton of steel sells for 200,000 JapaneseYen, what should the exchange rate between KoreanWon and JapaneseYenbe? Express your answer as the number ofWon you would have to pay to acquire oneYen.

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