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    Exam 14: The Foreign Sector
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    If the Rate of Exchange for a British Pound Is
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If the Rate of Exchange for a British Pound Is

Question 18

Question 18

Multiple Choice

If the rate of exchange for a British pound is $2 in Canadian currency,the rate of exchange for the Canadian dollar:


A) is 1/2 pound
B) is 2 pounds
C) is $0.5
D) is $2
E) cannot be determined from the information given

Correct Answer:

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