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3 years ago

Samra lives in and attends a university in Brazil. Next semester, she plans to study abroad in Mongolia.

Business

1 answer:

Serjik [45]3 years ago

7 0

Answer:

A.) Mongolian tögrög , Brazilian real

B.) Brazilian real, Mongolian tögrög

Explanation:

Currency of Brazil is Brazilian real

Currency of Mongolia is Mongolian tögrög

A.)

Samra lives in and attends a university in Brazil. Next semester, she plans to study abroad in Mongolia.

Therefore, Samra will demand Mongolian tögrög and will supply Brazilian real.

B.)

Watch Me is a manufacturer of designer watches based in Brazil. Though the watches are produced exclusively in Brazil, they are sold throughout the world. Watch Me does an especially robust business in Mongolia. Therefore, Watch Me will demand Brazilian real and will supply Mongolian tögrög

Reason -

For the first part, samra is in need of Mongolian currency in order to make her plan in action to study abroad but at present she is holding with her Brazilian currency, so hereby the demand is considered of Mongolian currency and supply accordingly will be of Brazilian currency to complete the transaction.

For the second part, Watch Me is manufacturer based in Brazil and all the operations related to manufacture occurred exclusively in Brazil , so when sale of watches done in Mongolian currency , there is need to remit the sale consideration to the Brazil . Accordingly he has to change the Mongolian currency to Brazilian currency and as a result he is in demand of Brazilian real by way of supplying Mongolian currency in exchange.

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4 years ago

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