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z501372670If we ignore transportation costs and the price of a pair of Nike shoes in Detroit is $80 U.S. what should be the price of the Nike shoes in Windsor, Canada (in Canadian dollars) if the nominal exchange rate is 0.97 (Canadian dollars/1 U.S. dollar)?
Please enter your answer in canadian dollars to two decimal places. So your calculations show you an answer of 135.246 then you should enter "135.25".
10 years ago
3
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