Multiple Choice
The following table provides nominal exchange rates for the U.S. dollar.
Based on these data, the nominal exchange rate equals approximately ________ pesos per Canadian dollar or, equivalently, ________ Canadian dollars per peso.
A) 0.672; 1.488
B) 9.259; 0.108
C) 6.222; 0.161
D) 7.771; 0.129
Correct Answer:

Verified
Correct Answer:
Verified
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