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    Which Currency Trade Is Consistent with the Current Exchange Rates
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Which Currency Trade Is Consistent with the Current Exchange Rates

Question 51

Question 51

Multiple Choice

Which currency trade is consistent with the current exchange rates of ¥100 for US$1 and £1 for US$1.50?


A) ¥750 for £6
B) ¥200 for £2
C) £200 for ¥3,000
D) ¥300 for £2

Correct Answer:

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