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If the Exchange Rate Is 2 Brazilian Reals Per Dollar

Question 52

Multiple Choice

If the exchange rate is 2 Brazilian reals per dollar and a meal in Rio costs 20 reals,then how many dollars does it take to buy a meal in Rio?


A) 40 and your purchase will increase Brazil's net exports.
B) 10 and your purchase will increase Brazil's net exports.
C) 40 and your purchase will decrease Brazil's net exports.
D) 10 and your purchase will decrease Brazil's net exports.

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