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Which of the Following Exchange Rates Between the Dollar and the Peso

Question 25

Multiple Choice

Which of the following exchange rates between the dollar and the peso would a Mexican buyer of American goods most prefer?

A) $0.25 = 1 peso
B) $0.20 = 1 peso
C) $0.15 = 1 peso
D) $0.05 = 1 peso

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