How many US dollars does a US importer need to pay for an invoice of 1 Million
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Question:
- How many US dollars does a US importer need to pay for an invoice of 1 Million Yen when the price of 1 Yen is $0.006?
- If US dollar becomes stronger, will it hurt our export or our import?
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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