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    Financial System and the Economy Principles
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    Exam 16: How Exchange Rates Are Determined
  5. Question
    If the Pound/dollar Rate Is
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If the Pound/dollar Rate Is

Question 115

Question 115

Multiple Choice

If the pound/dollar rate is .75 and the peso/dollar rate is 2.34, the pound/peso rate is which of the following?


A) 3.12
B) 5.12
C) .3205
D) .5205

Correct Answer:

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