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International Business 13th Edition by Donald Ball,Michael Geringer,Michael Minor ,Jeanne McNett
Edition 13ISBN: 978-0077606121International Business 13th Edition by Donald Ball,Michael Geringer,Michael Minor ,Jeanne McNett
Edition 13ISBN: 978-0077606121 Exercise 12
Use the globalEDGE site (http://globalEDGE.msu.edu/) to complete the following exercises:
Your company imports video equipment from Japan to sell in the United States. The exchange rate fluctuations over the past year have had a significant impact on your bottom line. In preparing an annual report for your company, you would like to include a one-year currency chart showing the movement of the U.S. dollar versus the Japanese yen. Describe the pattern you see. Over the past year, has the dollar gained or lost ground versus the yen?
Your company imports video equipment from Japan to sell in the United States. The exchange rate fluctuations over the past year have had a significant impact on your bottom line. In preparing an annual report for your company, you would like to include a one-year currency chart showing the movement of the U.S. dollar versus the Japanese yen. Describe the pattern you see. Over the past year, has the dollar gained or lost ground versus the yen?
Explanation
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International Business 13th Edition by Donald Ball,Michael Geringer,Michael Minor ,Jeanne McNett
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