If the Exchange Rates, After Fees, in Tokyo Are ¥1,000

question 46

Multiple Choice

If the exchange rates, after fees, in Tokyo are ¥1,000 = €6 = $9 and the exchange rates in Paris are €1 = $1.5 = ¥171, which of the following is most likely to occur?

• A) a surge in conversion of dollars to yen in Tokyo
• B) a surge in conversion of euros to yen in Tokyo
• C) a surge in conversion of euros to dollars in Paris
• D) a surge in conversion of euros to yen in Paris

---

Definitions:

Leading

The act of motivating, directing, and guiding individuals or teams to achieve organizational objectives.

Human Resources

The department within an organization that focuses on the recruitment, management, and guidance of employees.

Performance Objectives

Specific, measurable goals set for individuals or teams to gauge their progress or success in their roles.

Planning Process

A systematic series of actions directed toward the formulation and achievement of goals or objectives within an organization.