Question: Steps please! Question Completion Status: -> Moving to the next question prevents changes to this answer Question 5 of 14 uestion 5 5 points v

 Steps please! Question Completion Status: -> Moving to the next question

Steps please!

Question Completion Status: -> Moving to the next question prevents changes to this answer Question 5 of 14 uestion 5 5 points v Say Nestle produces fine dark chocolate and exports it to the United States Last year the exchange rate was $1.05/euro and Nestle charged 48 euros per kilogram of chocolate in Europe and $50.40 per kilogram in the United States. Currently, the spot exchange rate is 51 14/euro, the price per kilogram of chocolate is 48 euros, and Nestle is charging 565 per kilogram in the US What is the degree of pass through by Nestle on their customers? Show your calculations 136 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) . Font famil-Font size T- E % change in price (5) = (65-50.4)/50.4 = 28.97% increase % appreciation of euro against the dollar = (1.14 - 105)/1,05 = 8.57% Degree pass through = % change in price (5)/ % appreciation of euro against the dollar= 28.97% / 8.57% = I Path: p > span Span>span> span Words 3 Moving to the next question prevents changes to this answer Question 5 of 14

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