menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics Study Set 1
  4. Exam
    Exam 10: Foreign Exchange, Trade, and Bubbles
  5. Question
    ​A Swiss Consumer Wants to Buy an American Laptop
Solved

​A Swiss Consumer Wants to Buy an American Laptop

Question 79

Question 79

Multiple Choice

​A Swiss consumer wants to buy an American laptop.The exchange rate is 1USD=0.89CHF (Swiss Francs) .The laptop costs $800.How much would the laptop cost him in Swiss Francs?


A) ​1200 Francs
B) 1160Francs
C) 890Francs
D) ​712 Francs

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q73: When interest rates fall,people are​<br>A)​More likely to

Q74: ​Holding other things constant,if the Japanese Yen,appreciates,it

Q75: ​An expectation of a price increase in

Q76: ​In the market for Canadian dollars measured

Q77: ​A lawn mower costs $500 in the

Q78: ​Currency devaluations help suppliers because they make

Q80: ​When interest rates go up,people are<br>A)​More likely

Q81: ​When interest rates go down,people are<br>A)​more likely

Q82: ​In the market for Canadian dollars measured

Q83: If buyers expect future price increase,they will

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines