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Suppose That a Swiss Watch That Costs 400 Francs in Switzerland

Question 81

Multiple Choice

Suppose that a Swiss watch that costs 400 francs in Switzerland costs $200 in the United States.The exchange rate between the franc and the dollar is

A) 2 francs per dollar.
B) 1 franc per dollar.
C) $2 per franc.
D) $3 per franc.

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