Contemporary Business Mathematics 16e
20
Prepared by Johnny Howard © 2015 South-Western, a part of Cengage Learning
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Transcript of Contemporary Business Mathematics 16e
Prepared by Johnny Howard
© 2015 South-Western, a part of Cengage Learning
20–2 © 2015 South-Western, a part of Cengage Learning
20–3 © 2015 South-Western, a part of Cengage Learning
International Business Transactions
• Import
• Export
• International Trade Administration (ITA)
• Export Administration Regulations
• Foreign trade zones
T E R M S
1
20–4 © 2015 South-Western, a part of Cengage Learning
20–5 © 2015 South-Western, a part of Cengage Learning
20–6 © 2015 South-Western, a part of Cengage Learning
Computing Currency Exchange Rates E X A M P L E S
1
20–7 © 2015 South-Western, a part of Cengage Learning
Computing the Effects of Exchange Rate Changes E X A M P L E
2
20–8 © 2015 South-Western, a part of Cengage Learning
Computing Duties on Imports E X A M P L E
3
20–9 © 2015 South-Western, a part of Cengage Learning
Chapter Terms for Review
ad valorem duty
duty
export
Export Administration Regulations
foreign trade zones
import
20–10 © 2015 South-Western, a part of Cengage Learning
Assignment 20.1: Trading with Other Countries
A Solve the following problems.
1. Using the data in Figure 20-1, find the amount
of U.S. dollars needed to buy 300 units of each
foreign currency listed. (Round answers to
nearest cent.)
2. Using the data in Figure 20-1, determine the value
in U.S. dollars of 4,500 units of each foreign
currency listed below. (Round answers to the
nearest cent.)
20–11 © 2015 South-Western, a part of Cengage Learning
Assignment 20.1: Trading with Other Countries
B Solve the following problem. Round pennies to the nearest dollar.
20–12 © 2015 South-Western, a part of Cengage Learning
Assignment 20.1: Trading with Other Countries
B Solve the following problems. Round pennies to the nearest dollar.
20–13 © 2015 South-Western, a part of Cengage Learning
Assignment 20.1: Trading with Other Countries
B Solve the following problem. Round pennies to the nearest dollar.
20–14 © 2015 South-Western, a part of Cengage Learning
Assignment 20.2: Duties and Metric Conversion
A Solve the following problems.
20–15 © 2015 South-Western, a part of Cengage Learning
Assignment 20.2: Duties and Metric Conversion
A Solve the following problems.
20–16 © 2015 South-Western, a part of Cengage Learning
Assignment 20.2: Duties and Metric Conversion
A Solve the following problems.
20–17 © 2015 South-Western, a part of Cengage Learning
Assignment 20.2: Duties and Metric Conversion
A Solve the following problems.
20–18 © 2015 South-Western, a part of Cengage Learning
Assignment 20.2: Duties and Metric Conversion
A Solve the following problem.
20–19 © 2015 South-Western, a part of Cengage Learning
Assignment 20.2: Duties and Metric Conversion
B Solve the following problems.
20–20 © 2015 South-Western, a part of Cengage Learning
Assignment 20.2: Duties and Metric Conversion
B Solve the following problems.
