Chapter29: International Finance
Section: Chapter Questions
Problem 8P
Related questions
Question
Use the information in Table 1 to complete the chart. Enter the price in dollars for the meal in January and the meal in March.
Name of Currency |
Exchange Rate JANUARY $1 = |
Exchange Rate MARCH $1 = |
Polish Zloty | 4.5 | 4.08 |
Mozambique Meticals | 62.5 | 66.00 |
Albanian Lek | 109.08 | 111.60 |
Australian Dollar | 1.85 | 1.67 |
January Dollar Price |
March Dollar Price |
|
A hamburger combo meal in Poland = 5.08 Polish Zlotys |
|
|
A hamburger combo meal in Mozambique = 338 Mozambique Meticals |
|
|
A hamburger combo meal in Albania = 421 Albanian Lek |
|
|
A hamburger combo meal in Australia = 17 Australian Dollars |
|
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