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    Exam 7: an Introduction to the Foreign Exchange Market and the Balance of Payments
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    If the Price of a Digital SLR Camera in Japan
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If the Price of a Digital SLR Camera in Japan

Question 31

Question 31

Multiple Choice

If the price of a digital SLR camera in Japan is ¥55, 000, and the exchange rate is 93¥/$, calculate the dollar price of the digital SLR camera in Japan.


A) $603.29
B) $397.48
C) $886.82
D) $591.40
E) $101

Correct Answer:

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