A company in South Africa wants to sell South African rand (ZAR) to purchase Indonesian rupiah (IDR).
Fantastic news! We've Found the answer you've been seeking!
Question:
Choose all answers that accomplish this.
• Sell ZAR/IDR directly
• Buy ZAR/ID directly
• Buy USD/ZAR and then sell USD/DR
• Sell USD/ZAR and then buy USD/DR
Related Book For
International Economics Theory and Policy
ISBN: 978-0134519579
11th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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