Homework Clinic

Social Science Clinic => Business => Finance => Topic started by: tth on Jul 9, 2019

Title: If the exchange rates, after fees, in Tokyo are 1000 = 6 = $9 and the exchange rates in Paris are 1 ...
Post by: tth on Jul 9, 2019

If the exchange rates, after fees, in Tokyo are ¥1000 = €6 = $9 and the exchange rates in Paris are €1 = $1.5 = ¥171, which of the following would you expect to occur?


◦ a surge in conversion of dollars to yen in Tokyo
◦ a surge in conversion of euros to yen in Paris
◦ a surge in conversion of euros to yen in Tokyo
◦ a surge in conversion of euros to dollars in Paris
Title: If the exchange rates, after fees, in Tokyo are 1000 = 6 = $9 and the exchange rates in Paris are 1 ...
Post by: Natalie4ever on Jul 9, 2019
a surge in conversion of euros to yen in Paris
Title: If the exchange rates, after fees, in Tokyo are 1000 = 6 = $9 and the exchange rates in Paris are 1 ...
Post by: tth on Jul 9, 2019
Thank you!
Title: If the exchange rates, after fees, in Tokyo are 1000 = 6 = $9 and the exchange rates in Paris are 1 ...
Post by: Natalie4ever on Jul 9, 2019
Always glad to help...
Title: Re: If the exchange rates, after fees, in Tokyo are 1000 = 6 = $9 and the exchange rates in Paris ar
Post by: eaujala on Oct 20, 2019
thank you