Essay
The U.S.exports computers with a domestic price of $100,000 and the yen/dollar exchange rate is 120 on January 1,2003.On January 1,2004 the yen/dollar exchange rate is 125.What is the yen price of the computers on January 1,2003? What is the yen price of the computers on January 1,2004?
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January 1,2003: $100,000 × 120...View Answer
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