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If One US Dollar Is Traded on the Foreign Exchange Market for Market

Question 63

Multiple Choice

If one U.S. dollar is traded on the foreign exchange market for about 1.15 Swiss francs,then one Swiss franc can purchase about ________ U.S. dollars.


A) 0.30
B) 0.87
C) 1.15
D) 3.10

Correct Answer:

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