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You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2 . 2 million Czech koruna today in
You are an international shrimp trader. A food producer in the Czech Republic offers to pay you million Czech koruna today in exchange for a year's supply of frozen shrimp. Your Thai supplier will provide you with the same supply for million Thai baht today. If the current competitive market exchange rates are koruna per dollar and baht per dollar, what is the value of this exchange to you? What is the cost of the shrimp form the Thai supplier in dollars? round to the nearest decimal. Formula Thai Supplier's Offer in Dollars Price in THB divided by exchange rate THB$incorrect answer $ What is the amount the Czech producer is willing to pay for the shrimp in dollars? Round to the nearest decimal. What is the profit you would make from this trade? round to the nearest decimal.
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