Business, 30.05.2020 05:58 ayshajabeenmeox5jrh
Consider an Apple iPod that costs $240. a. If the euro–dollar exchange rate is 1.3 euros per dollar, so that it costs a European 1.3 euros to buy a dollar, how much will the iPod cost in France? Instructions: Enter your response as an integer value. Price of iPod in France: euros. b. If the euro–dollar exchange rate falls to 0.5 euro per dollar, how much will the iPod cost in France? Instructions: Enter your response as an integer value. Price of iPod in France: euros. c. Consequently, what will happen to French purchases of iPods and the amount of dollars demanded in the foreign exchange market as the euro–dollar exchange rate falls? French purchases of iPods will . The amount of dollars demanded in the foreign exchange market will .
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Consider an Apple iPod that costs $240. a. If the euro–dollar exchange rate is 1.3 euros per dollar,...
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