Question
You are in Malawi and you drive up to the street corner. In hops a man named Dembe, hes your dealer for the Fx black
You are in Malawi and you drive up to the street corner. In hops a man named Dembe, hes your dealer for the Fx black market. He oers you a black-market rate of 1243 MWK to USD, the legal rate is 725 MWK to USD. The USD/ZAR rate is 12.91 (ZAR to USD), and the MWK to ZAR legal rate is 55.55, but the black-market rate is 58.22 (MWK to ZAR). You recall that 2 days ago the legal rate MWK to USD was 650, and the black-market rate was 999. What do you do? (Remember you cannot turn in more MWK than you exchanged when you got to Malawi, they will arrest you). Draw the triangle relationship for the currencies and list their prices on the edges
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