Q. Currently, in the spot market $1 = 106.5 Japanese yen, 1 Japanese yen = 0.0096 euro and 1 euro = 10.1 Mexican pesos. Illustrate what is the exchange rate among the U.S. dollar and the Mexican peso?
Q. It is likely you have thought of an idea(s) for entrepreneurial new-economy ventures. If not, imagine of one now! Identify key questions learned from our course to date which will test the merit of your idea?