Using the table below, Exchange Rates US dollar (S) / per currency Country (currency) |France (Euro) Indonesia (Rupiah) Uruguay (Peso) 0.25 0.8 2.5 A dryer produced in the U.S. costs $500. determine the dryer's cost in terms of each country's currency? 3. France 4. Indonesia

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter21: International Finance
Section: Chapter Questions
Problem 3QP
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Using the table below,
Exchange Rates
US dollar (S) / per currency
Country (currency)
France (Euro)
Indonesia (Rupiah)
Uruguay (Peso)
0.25
0.8
2.5
A dryer produced in the U.S. costs $500. determine the dryer's cost in terms of each country's currency?
3. France
4. Indonesia
5. Uruguay
ROULATE
Transcribed Image Text:Using the table below, Exchange Rates US dollar (S) / per currency Country (currency) France (Euro) Indonesia (Rupiah) Uruguay (Peso) 0.25 0.8 2.5 A dryer produced in the U.S. costs $500. determine the dryer's cost in terms of each country's currency? 3. France 4. Indonesia 5. Uruguay ROULATE
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