If you know that the KD dinar has fallen by 10% against the Saudi Riyal, by how much the Saudi Riyal has appreciated against the KD Dinar? Given that one Kuwaiti Dinar (KD) equals 3.3 US$ while one Australian Dollar (AD) = 0.22 KD, what is the AD / US$. Note: use of chat gpt or any other ai bot is strictly prohibited.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter6: Managing In The Global Economy
Section: Chapter Questions
Problem 12E
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If you know that the KD dinar has fallen by 10% against the Saudi Riyal, by how much the Saudi Riyal has appreciated against the KD Dinar?

Given that one Kuwaiti Dinar (KD) equals 3.3 US$ while one Australian Dollar (AD) = 0.22 KD, what is the AD / US$.

Note: use of chat gpt or any other ai bot is strictly prohibited. 

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