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    Exam 10: The Foreign Exchange Market
  5. Question
    The Euro/dollar Exchange Rate Is €1 = $1
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The Euro/dollar Exchange Rate Is €1 = $1

Question 28

Question 28

True/False

The euro/dollar exchange rate is €1 = $1.20. If it costs $36 to buy a European product, the stated price of the product would be €36.

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