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    International Economics Study Set 3
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    Exam 12: The Foreign Exchange Market
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    If the Bank Is Selling Euros for $0
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If the Bank Is Selling Euros for $0

Question 33

Question 33

Multiple Choice

If the bank is selling euros for $0.74,then what is the implied euro price of the dollar?


A) 1.35 €
B) 1.74 €
C) 2.48 €
D) None of these values are correct.

Correct Answer:

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