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The Following Table Provides Nominal Exchange Rates for the U

Question 1

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The following table provides nominal exchange rates for the U.S. dollar. The following table provides nominal exchange rates for the U.S. dollar.   Based on these data, the nominal exchange rate equals approximately ______ pesos per Canadian dollar or, equivalently, ______ Canadian dollars per peso. A)  0.672; 1.488 B)  9.259; 0.108 C)  6.222; 0.161 D)  7.771; 0.129 Based on these data, the nominal exchange rate equals approximately ______ pesos per Canadian dollar or, equivalently, ______ Canadian dollars per peso.


A) 0.672; 1.488
B) 9.259; 0.108
C) 6.222; 0.161
D) 7.771; 0.129

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