Question

Imagine your business sells tablets made in India. Would it have been cheaper to buy the product in 2008 or in 2013? Write a complete paragraph to explain your answer.

Answer 1

Answer:

It would be cheaper to purchase in 2013

Explanation:

In India it would be cheaper to purchase tablets in 2013 as the American Dollar was cheaper and the rate was $54.80.

Therefore, at this rate the Indian market would have been cheaper and more profitable therefore, The purchase should have been done in 2013 rather than 2008 as the American Dollar was comparatively not so cheap. So 2013 is the correct answer.