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

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