Multiple Choice
Suppose the current exchange rates between the dollar and the British pound and the dollar and the yen are $2 = £1, and $0.01 = ¥1. The exchange rate between the pound and the yen is
A) £200 = ¥1.
B) £1 = ¥1.
C) £2 = ¥1.
D) £1 = ¥200.
Correct Answer:
Verified
Correct Answer:
Verified
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