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    International Economics Study Set 1
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    Exam 11: Foreign Exchange
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    If the Dollar Cost of the U
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If the Dollar Cost of the U

Question 151

Question 151

True/False

If the dollar cost of the U.K.pound is $1.50 and the dollar cost of the Swiss franc is $1,the cross exchange rate between pound and the franc is 0.67 francs per pound.

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