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Chako Chako
wrote...
Posts: 2948
8 years ago
What is the exchange rate between the dollar and the British pound if a pair of American jeans costs 60 dollars in New York and 30 Pounds in London?
A) 3.5 dollars per British pound
B) 1.5 dollars per British pound
C) 2 dollars per British pound
D) 0.5 dollars per British pound
E) 2.5 dollars per British pound
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 153 times
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Answer verified by a subject expert
machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
8 years ago
Good luck
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