Multiple Choice
On January 25,2009,one U.S.dollar traded on the foreign exchange market for about 3.33 Romanian new lei.Therefore,one Romanian new lei would have purchased about ________ U.S.dollars.
A) 0.30
B) 1.86
C) 2.86
D) 3.33
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q31: _ in the domestic interest rate causes
Q47: If the interest rate is 7 percent
Q59: _ in the expected future domestic exchange
Q74: If,in retaliation for "unfair" trade practices,Congress imposes
Q83: The theory of portfolio choice suggests that
Q92: _ in the expected future domestic exchange
Q103: Everything else held constant,when a country's currency
Q118: If the 2005 inflation rate in Canada
Q122: As the relative expected return on dollar
Q128: According to the purchasing power parity theory,a