If a Japanese Importer Could Buy $1,000 U

question 299

Multiple Choice

If a Japanese importer could buy $1,000 U.S. for 122,000 yen, the rate of exchange for one dollar would be

• A) 8.19 yen.
• B) 122 yen.
• C) 820 yen.
• D) 1,220 yen.

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Definitions:

Strikebreakers

Individuals hired by employers to work in place of unionized employees who are on strike, often used to minimize disruption to the company's operations.

Permissive Items

May be included in collective bargaining if both parties agree.

Businesslike Approach

This term refers to dealing with matters or conducting oneself in a professional, efficient, and methodical manner.

Contingent Workers

Workers who are hired on a temporary basis or on a contract that differs from a permanent employment, often without the same level of job security or benefits.