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Thanks CP
I see that I got 1 and 3 wrong because of incorrectly interpreting the exchange rates..
$/JOD spot rate is 2.0010, I assumed 1$ = 2.0010 JOD
however it should be 1JOD = 2.0010 USD, correct?
Similarly, ($/baht) 0.02312 , I assumed 1$ = .02312 baht
whereas it should be 1baht = .02312 dollar, correct?pls confirm
Such mistakes a month before the exam 
For Ques2, I thought answer A was better, but answer is B, similar reasoning as yours…. |
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