Examlex
A bushel of apples costs $15.00 in the U.S. The same apples cost 1,600 yen in Japan. If the exchange rate is 80 yen per dollar, is there a possibility for arbitrage? Explain and defend your answer. As part of your defense, find the real exchange rate.
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An area in the United States known for the Chesapeake Bay, significant for its ecological importance as well as its role in American history and maritime activities.
Eighteenth Century
A historical period from 1701 to 1800, characterized by significant developments in politics, science, philosophy, and the arts.
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