Foreign exchange rates
county / currency foreign currency in u. s. dollars u. s. dollars in foreign currency
uk / pound 2.0292 .4928
japan / yen .0084 118.9599
india / rupee .0248 40.3950
canada / dollar .9394 1.0645
micah is an exchange student living in japan. he wants to buy a new-release movie for 2,000 japanese yen. when he calls home, he discovers the movie sells for $25. micah decides to
a) wait because the movie costs relatively the same amount in both countries.
b) buy the movie in japan because it is relatively less expensive than in the u. s.
c) wait to buy the movie in the u. s. because it is relatively less expensive in the u. s.
d) buy the movie in the u. s. and pay $10 to ship it because the total cost will still be less.