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Reference: Ref 20-3 (Table: Exchange Rates) Using the Hypothetical Exchange

Question 50

Multiple Choice

  Reference: Ref 20-3 (Table: Exchange Rates)  Using the hypothetical exchange rate information for the two years in the table, in the year 2004 the price of 1 Japanese yen in terms of U.S. dollars was A)  �200. B)  �1. C)  $200. D)  $0.005. Reference: Ref 20-3 (Table: Exchange Rates) Using the hypothetical exchange rate information for the two years in the table, in the year 2004 the price of 1 Japanese yen in terms of U.S. dollars was


A) �200.
B) �1.
C) $200.
D) $0.005.

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