If the exchange rate between euros and dollars were 2 euros per dollar, when a French tourist buys a good valued at $80, its cost in euros would be:

Name: If the exchange rate between euros and dollars were 2 euros per dollar, when a French tourist buys a good valued at $80, its cost in euros would be:
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Question

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At an exchange rate of 2 euros per dollar, to convert dollars to euros, you multiply the amount in dollars by the exchange rate. Therefore, $80 * 2 euros/dollar = 160 euros.

If the Exchange Rate Between Euros and Dollars Were 2