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Explian how you could make a profit from this situation

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Reference no: EM13327454

Assume that American rice sells for $100 per bushel Japanese rice sells for 1600 yen per bushel and the nominal exhange rate is 80 yen per dollar

a-Explian how you could make a profit from this situation what would be your profit per bushel of rice ? If other people exploit the same opportunity

Reference no: EM13327454

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