If We Ignore Transportation Costs and the Price of a Pair

question 58

Multiple Choice

If we ignore transportation costs and the price of a pair of Nike shoes in Detroit is $100 U.S.what should be the price of the Nike shoes in Windsor, Canada (in Canadian dollars) if the nominal exchange rate is 1.36 Canadian dollars/1 U.S.dollar?

• A)74
• B)100
• C)136
• D)64

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Definitions:

Leadership Skills

The ability to inspire, influence, and guide individuals or teams towards achieving their goals and objectives.

Communication Skills

The ability to convey, receive, and interpret ideas, information, and messages effectively.

Voice Mail Message

An audio message left by a caller when the recipient is unavailable to answer the phone, often containing information or a return request.

Professional Articulation

The skill of expressing oneself clearly and effectively in a business or professional context.