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Today, the Vietnamese Dong trades at 20,000 per USD. Today, you are due to pay a supplier in Hanoi either 18.5 billion Dong or $1
Today, the Vietnamese Dong trades at 20,000 per USD. Today, you are due to pay a supplier in Hanoi either 18.5 billion Dong or $1 million USD. If a currency trade costs 0.5%, what percentage can you save by paying in Dong instead of USD
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Economics Principles and Policy
Authors: William Baumol, Alan Blinder
13th edition
1305280595, 1305280598, 9781305465626 , 978-1305280595
