Choose the best country for manufacturing

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Question

The problem - determining which of the four countries to choose for manufacturing

Assume the following in your calculations:

The current U.S. manufacturing cost is $10/unit

Current exchange rates, current quotes, including freight and other product, transportation, tariff, and insurance costs

Mexico
$1 = 12.392 pesos
150 pesos

Japan
$1 = 83.6184 yen
800 yen

China
$1 = 6.65891 yuan
68.5 yuan

India
$1 = 45.23 rupees
440 rupees

Additional Information-

The question is belongs to Economics and it is explore about choosing the best country for manufacturing, in terms of rate of exchange. Four countries viz, Mexico, Japan, China and India have been given with their currency exchange rates.

Word limits- 500

Reference no: EM13825712

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