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Question 252

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Assume that U.S. and European governments adopt a system of flexible exchange rates. The figure shows the market for euros. One U.S. dollar will purchase how many euros? A) 0.90 euro B) 1.00 euro C) 1.11 euro D) 1.90 euro Assume that U.S. and European governments adopt a system of flexible exchange rates. The figure shows the market for euros. One U.S. dollar will purchase how many euros?


A) 0.90 euro
B) 1.00 euro
C) 1.11 euro
D) 1.90 euro

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