Compare the Price of a Pound of Salmon in the United

question 126

Multiple Choice

Compare the price of a pound of salmon in the United States with a pound of salmon in Japan. If we assume that the price of salmon in the United States is $4 per pound, while in Japan it is 1,488 yen, and the dollar-yen exchange rate is US$1 = ¥124, then the real exchange in terms of salmon is

• A) 1.
• B) 0.5.
• C) 0.33.
• D) 0.25.

---

Definitions:

Firm's Profitability

A financial metric indicating the degree to which a company generates profit from its operations.

Overall Impact

The total effect or significance of an event, decision, or action on a system, organization, or community.

Increase Competition

A situation where more competitors enter the market, intensifying the competitive environment.

E-commerce

The buying and selling of goods and services using the internet, and the transfer of money and data to execute these transactions.