If the exchange rate changes from 1 = S$1.5 to 1 = S$1.4, explain what would happen

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If the exchange rate changes from €1 = S$1.5 to €1 = S$1.4, explain what would happen to the Singapore dollar price of an EU manufactured waffle maker that was being exported to Singapore from the EU at a cost of €120.

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Economics Course Book 2020

ISBN: 9781382004961

2020 Edition

Authors: Jocelyn Blink, Ian Dorton

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Question Posted: Mar 02, 2024 06:00 AM

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If the exchange rate changes from 1 = S$1.5 to 1 = S$1.4, explain what would happen

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Economics Course Book 2020

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