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An Australian Company Is to Export Electronic Equipment into Europe,in

question 21

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An Australian company is to export electronic equipment into Europe,in particular Germany and Sweden,and needs to consider the exchange rate implications of conducting business in euros and Swedish kroner.Spot rates quoted are:
USD/EUR 0.9275-85
USD/SEK 8.4531-41
Calculate the EUR/SEK cross-rate.


Definitions:

Motives

Internal drives that prompt individuals to act or behave in certain ways.

Host Country

The nation where a company operates branches or subsidiaries outside of its home country or where international events take place.

Across Cultures Competency

The capability to effectively understand, communicate, and interact with people from different cultural backgrounds.

Ongoing Communications

Continuous and consistent exchange of information, both formal and informal, among members of an organization or team.

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