Which currency trade is NOT consistent with the current exchange rates of 500 Chilean pesos for US$1 and £1 sterling for US$1.50?

Name: Which currency trade is NOT consistent with the current exchange rates of 500 Chilean pesos for US$1 and £1 sterling for US$1.50?
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Question

Quizplus · Accepted Answer

Option B is not consistent with the given exchange rates because 1,000 Chilean pesos would be equivalent to US$2 (based on 500 pesos for US$1), and US$2 would be equivalent to approximately £1.33 (since £1 is worth US$1.50), not £2.

Which Currency Trade Is NOT Consistent with the Current Exchange