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When the exchange rate S¥/$ was 100,a U.S.firm imports one Toyota automobile at ¥1,000,000 and agrees to make payments 60 days from the day of contract signing.On day 45,the exchange rate value changes to S¥/$ = 80,what would happen to the U.S.import value from this exchange rate change?
Insight Learning
"A form of problem solving in which the organism develops a sudden insight into or understanding of a problem’s solution."
Operant Conditioning
A method of learning that occurs through rewards and punishments for behavior, where an association is made between a behavior and a consequence for that behavior.
Organisms Learn
The process through which living beings acquire new information or behaviors through experiences.
Stimuli
External or internal factors that elicit a response from a living organism or a system.
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