Scenario: Sally Goes to Japan

question 82

Multiple Choice

Scenario: Sally Goes to Japan
Sally Johnson has identified a market for her company's products in Japan. She is excited about expanding her company, but knows that she needs to learn how the foreign exchange market works before she can successfully sell her products abroad.
-Which of the following is true about a quote of ¥117.87/$?

• A) It is equal to $.008484/¥.
• B) The quote is in U.S. dollars.
• C) This is an indirect quote on the yen.
• D) It costs a little more than a dollar to buy one yen.

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Laws or social norms that forbid marriage between first cousins to prevent genetic disorders.

United States

A country in North America composed of 50 states, a federal district, and various territories, known for its high standard of living and significant global influence.

19th Century

The period from 1801 to 1900, marked by significant industrial, cultural, and political changes worldwide.