Question: D Question 38 3 pts You are a US-based apparel wholesaler, importing wool sweaters from New Zealand for re-sale to retailers in the United States.

D Question 38 3 pts You are a US-based apparelD Question 38 3 pts You are a US-based apparel
D Question 38 3 pts You are a US-based apparel wholesaler, importing wool sweaters from New Zealand for re-sale to retailers in the United States. You negotiated a price per sweater of 25 NZD. You then sold them to retailers for 24 USD per sweater. Last year, you were buying from your supplier when the average exchange rate was 0.6422 USD/NZD. This gave you a gross margin of about 33%. This year, the New Zealand dollar (NZD) has strengthened and it has averaged 0.6697 USD/NZD. Anticipating this, you raised your price to retailers to $25 per sweater at the beginning of this fiscal year. You have seen a decrease in unit sales of 6% thus far in the current fiscal year. How much has the NZD appreciated on average versus the dollar, from last year to this year (percentage with two decimal places)? D Question 39 4 pts MacBook Pro 20 DO DII DD F3 F4 F5 F6 F7 F8 F9 F10 % & K > 4 5 8 CO O T Vcom/courses/1324886/quizzes/secured#lockdown D Question 39 4 pts Question 38 continued: Based upon the appreciation in the NZD compared to your increase in price to retailers, what is your effective pass-through percentage (in percent, to one decimal place)? D Question 40 3 pts Question 38 continued: Assuming that your change in sales this year is entirely attributable to your change in price, what is the price elasticity of demand that you have observed for your sweaters? (to two decimal places) D Question 41 5 pts You are studying interest parity conditions and are looking at examples that occurred last year (2021). You see the following: MacBook Pro poo DII DD F3 F4 F5 F6 F7 F8 F9 F10 % & 4 5 6 8 9 O

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