The Wall Street Journal publishes an exchange rate of US$/C$ = 0.714.What does this mean?
A) The Canadian dollar price of one U.S.dollar is $0.714.
B) The Canadian dollar price of one U.S.dollar is C$0.714.
C) The U.S.dollar price of one Canadian dollar is C$1.40.
D) The U.S.dollar price of one Canadian dollar is $1.40
E) The U.S.dollar price of one Canadian dollar is $0.714.
Correct Answer:
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