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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 the Canadian Dollar Exchanges for 0
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If the Canadian Dollar Exchanges for 0

Question 148

Question 148

Multiple Choice

If the Canadian dollar exchanges for 0.90 U.S. dollars and also for 0.65 Euros, then a U.S. dollar exchanges for


A) 1.00 Euros.
B) 1.55 Euros.
C) 0.25 Euros.
D) 1.39 Euros.
E) 0.72 Euros.

Correct Answer:

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