Question: If a jacket costs Y 1 0 , 0 0 0 in Japan and an identical pair costs $ 9 5 in the United States.
If a jacket costs in Japan and an identical pair costs $ in the United States. Also, given that the current exchange rate is USD $ Yen. Which of the following is correct?
The deal is the same in both countries.
A trader can make money by buying the shoes in Japan and selling in the United States at $
The United States offers a better deal.
Japan offers a better deal.
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