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Toyota manufactures most of the vehicles it sells in the United Kingdom in Japan. The base platform for the Toyota Tundra truck line is 1,650,000.

Toyota manufactures most of the vehicles it sells in the United Kingdom in Japan. The base platform for the Toyota Tundra truck line is 1,650,000. The spot rate of the Japanese yen against the British pound has recently moved from 197/ to 190/. How does this change the price of the Tundra to Toyota's British subsidiary in British pounds? Explain.

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