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1. Read Chapters 7""9 in the textbook.
2. Read -The Factors That Determine Foreign Exchange Rates? and research historical exchange rates. Suppose that U.S. $1 equals 0.7778 EU in New York and U.S. $1 equals 0.7775 EU in Paris. Explain how foreign exchange traders in New York and Paris can profit from these exchange rates. Write a three-page, APA formatted paper to illustrate your response. New times Roman 12 cover page and numbered
Peng, M. W. (2010).
Global (2nd ed.). Mason, OH: South-Western Cengage Learning. ISBN10: 0324560702 or ISBN13: 9780324560701.
Use the same Discussion Area to comment on your classmates' submissions, and continue the discussion until Wednesday, May 27, 2015. All written assignments and responses should follow APA rules for attributing sources.
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