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Question : A 2013 Toyota Camry can be bought in Buffalo, NY, : 1282

A 2013 Toyota Camry can be bought in Buffalo, NY, for $18,620. The same model Camry can be purchased across the Canadian border in Hamilton, ON. If cars could be freely traded across the border, what would be the expected price of a 2013 Toyota Camry in Hamilton in Canadian dollars, given that $1 U.S. is equal to $0.92 Canadian?

A) $17,130

B) $24,287

C) $20,239

D) $28,335

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Solution
5 (1 Ratings )

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