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    Exam 10: Trading Dollars for Dollars Exchange Rates and Payments With the Rest of the World
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    If C$100 = US$0
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If C$100 = US$0

Question 69

Question 69

Multiple Choice

If C$1.00 = US$0.80, what is the reciprocal exchange rate?


A) C$0.80 = US$1.00
B) C$0.80 = US$1.25
C) US$1.00 = C$1.25
D) US$1.00 = C$0.80
E) US$1.00 = C$8.00

Correct Answer:

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