Question
The problem - determining which of the four countries to choose for manufacturing
Assume the following in your calculations:
The current U.S. manufacturing cost is $10/unit
Current exchange rates, current quotes, including freight and other product, transportation, tariff, and insurance costs
Mexico
$1 = 12.392 pesos
150 pesos
Japan
$1 = 83.6184 yen
800 yen
China
$1 = 6.65891 yuan
68.5 yuan
India
$1 = 45.23 rupees
440 rupees
Additional Information-
The question is belongs to Economics and it is explore about choosing the best country for manufacturing, in terms of rate of exchange. Four countries viz, Mexico, Japan, China and India have been given with their currency exchange rates.
Word limits- 500