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4 International trade and the global economy

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Question 163

A UK museum buys a climate-control unit from a Japanese supplier for 1,980,000 yen. The exchange rate changes from £1 = 180 yen to £1 = 165 yen.

Calculate the increase in the Sterling cost of the climate-control unit.

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4 International trade and the global economy Questions

  1. GCSE
  2. /Economics
  3. /4 International trade and the global economy

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