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if Malaysia rice sell for RM 550 per ton while Thailand rice sell for 10812 bath per ton and the nominal exchange rate is 9.83 bath per RM. how to make profit from the situation. What is the profit per ton rice? if other people exploit the same opportunity, what will happen to the price in Thailand and in Malaysia?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M946992

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