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Home Q & A Board Other Fields Homework Help Business
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79ed 79ed
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8 years ago
Under the gold standard, if the U.S. dollar was fixed at $30/oz of gold and Japan was fixed at ¥75/oz of gold, what would be the Yen/dollar exchange rate?
A) $2.50/¥
B) ¥0.40/$
C) ¥2250/$
D) ¥2.50/$
Textbook 
International Business: The Challenges of Globalization

International Business: The Challenges of Globalization


Edition: 7th
Author:
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kelbakelba
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8 years ago
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79ed Author
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#2
8 years ago
Phenomenal!
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#3
8 years ago
This question was tough, thank you for the feedback... also, please mark as solved
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