Multiple Choice
Which currency trade is consistent with the current exchange rates of 500 Chilean pesos for US$1 and £1 for US $1.50?
A) 1,250 Chilean pesos for £2
B) 1,000 Chilean pesos for £2
C) £10 for 750 Chilean pesos
D) 1,500 Chilean pesos for £2
Correct Answer:
Verified
Correct Answer:
Verified
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