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    Exam 14: The Foreign Sector
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    Assume the Hypothetical Exchange Rates of $1 = 140 Yen
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Assume the Hypothetical Exchange Rates of $1 = 140 Yen

Question 39

Question 39

Multiple Choice

Assume the hypothetical exchange rates of $1 = 140 yen and 1 Mexican peso = $0.10.We can conclude that:


A) 1 yen = 280 pesos
B) 1 yen = 14 pesos
C) 1 peso = $0.50
D) 1 peso = 1400 yen
E) 1 peso = 14 yen

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