Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

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An American company wants to buy a television from a Chinese company. The Chinese company sells its TVs for 1,200 yuan each. The current exchange rate between the U.S. dollar and the Chinese yuan is $1 = 6 yuan. How many dollars will the American company have to convert into yuan to pay for the television?
A) $7,200.
B) $1,200.
C) $200.
D) $100.