Aaliyah Delgado

History

11 July, 10:20

An American factory needs to buy special tools which are made only by companies in either Switzerland or Britain. The tools made in Switzerland cost 100 francs apiece; the ones made in Britain cost 100 pounds each. Based on the exchange rates below, what should the factory do?

U. S. Dollar Comparison

$1.00 U. S. = 0.80 Swiss Francs

$1.00 U. S. = 0.67 Pounds

Buy the tools from Britain

Make the tools themselves

Wait until the exchange rate gets better

Buy the tools from Switzerland

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