Suppose a French company -they use euros (EUR) in France- is selling bottles of wine to Brazil -they use Brazilian real (BRL) in Brazil- for BRL 50 per bottle when the exchange rate is EUR 0.70 per 1 BRL. If the Brazilian real appreciates to EUR 0.80 per 1 BRL.

What price in Brazilian reals must the French company charge per bottle to maintain the same price in euros?

Answer rating: 100% (QA)

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