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    International Economics Study Set 12
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    Exam 12: Exchange Rate Determination
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    If the Exchange Rate Between Swiss Francs and British Pounds
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If the Exchange Rate Between Swiss Francs and British Pounds

Question 101

Question 101

Multiple Choice

If the exchange rate between Swiss francs and British pounds is five francs per pound, then the number of pounds that can be obtained for 200 francs equals


A) 20 pounds.
B) 40 pounds.
C) 60 pounds.
D) 80 pounds.

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