If 1 U.S. dollar costs 0.8 euros, then 1 euro must cost _____ U.S. dollars.
A) 0.5
B) 0.8
C) 1.0
D) 1.25
E) 1.5
Correct Answer:
Verified
Q166: If one dollar is initially equal in
Q167: What determines exchange rates?
A) the stock market
B)
Q168: Which of the following best defines foreign
Q169: If 1 euro is equal to $1.10,
Q170: Foreign money needed to carry out international
Q172: Restricting imports of Brazilian shoes in the
Q173: If 1 U.S. dollar costs 1.1010 euros,
Q174: If 1 euro costs 1.25 U.S. dollars,
Q175: If 1 euro is equal to $1.12,
Q176: If 1 euro is equal to $1.00,
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