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Starbucks is expanding its global operations into South America in spite of the real probability of civil wars and terrorist activities in many of the continent's nations. Which of the following must Starbucks deal with as it expands into South America?
US$1,500 Item
An item priced at or having a value of one thousand five hundred United States dollars.
¥ Per A$
The exchange rate showing how much Japanese yen (¥) one Australian dollar (A$) can buy.
Exchange Rate
An exchange rate determines how much one currency is worth in terms of another, playing a critical role in international trade and investment.
¥1.00
The monetary value of one Japanese yen, the official currency of Japan.
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