You are planning a trip to Australia. Your hotel will cost you A$145 per night for seven nights

50.

Which one of the following types of operations would be subject to the most political risk if the operation were conducted outside of a firm's home country?    A.  accounting and payroll functions B.  partial assembly of components manufactured in the firm's home country C.  military weapons manufacturing D.  packing materials manufacturing for use by the home country firm E.  production of minor parts, such as nuts and bolts, for use by the home country firm Refer to section 21.7

51.	How many Euros can you get for $2,200 if one euro is worth $1.2762?    A.  €1,638.09 B.  €1,723.87 C.  €2,676.67 D.  €2,680.02 E.  €2,684.15 $2,200 (€1/$1.2762) = €1,723.87

52.

You are planning a trip to Australia. Your hotel will cost you A$145 per night for seven nights. You expect to spend another A$2,800 for meals, tours, souvenirs, and so forth. How much will this trip cost you in U.S. dollars given the following exchange rates?        A.  $2,559 B.  $2,604 C.  $2,631 D.  $5,452 E.  $5,688 [(A$145 × 7) + A$2,800] × ($1/A$1.4910) = $2,559

53.	You want to import $147,000 worth of rugs from India. How many rupees will you need to pay for this purchase if one rupee is worth $0.0203?    A.  Rs 6,887,424 B.  Rs 7,238,911 C.  Rs 7,241,379 D.  Rs 8,367,594 E.  Rs 8,415,096 $147,000 × (Rs 1/$0.0203) = Rs 7,241,379