If recent direct quotes in U.S. dollars are $1.65 for the British pound and $.50 for the Australian dollar, the exchange rate between British pounds and Australian dollars (pounds/Australian dollars) is:
A) 3.30 Australian dollars to the British pound.
B) 3.30 British pounds to the Australian dollar.
C) .3030 Australian dollars to the British pound.
D) .3030 British pounds to the Australian dollar.
Correct Answer:
Verified
Q61: Four units of Country A's currency (call
Q62: If a country's currency is expected to
Q63: A recent direct quote for the British
Q64: A recent direct quote for the euro
Q65: A foreign currency quote of $1.00 :
Q67: As an American businessperson, you plan to
Q68: Apollo Fashions, a clothing importer, signed a
Q69: A product can be manufactured comparably in
Q70: Crown Honda purchased a small motorcycle from
Q71: If a government is going to "support"
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents