Suppose the exchange rate between India and the United States is 48 rupee per dollar while the exchange rate between China and the United States is 8 renminbi per dollar. What is the exchange rate between India and China?
A) 6 rupee per renminbi
B) 6 renminbi per rupee
C) 384 rupee per renminibi
D) 384 renminbi per rupee
Correct Answer:
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