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How does change price of tundra to toyota british subsidiary

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Reference no: EM131675881

Question: Toyota Exports to the United Kingdom. Toyota manufactures in Japan most of the vehicles it sells in the United Kingdom. The base platform for the Toyota Tundra truck line is ¥1,650,000. The spot rate of the Japanese yen against the British pound has recently moved from ¥197/£ to ¥190/£. How does this change the price of the Tundra to Toyota's British subsidiary in British pounds?

Reference no: EM131675881

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