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[solution]: 1. Using Exchange Rates Take a look back at Figure 21.1 to answer the following questions: a. If...


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1.        Using Exchange Rates   Take a look back at Figure 21.1 to answer the following questions: a.   If you have $100, how many euros can you get? b.   How much is one euro worth? c.    If you have 5 million euros, how many dollars do you have? d.   Which is worth more, a New Zealand dollar or a Singapore dollar? e.    Which is worth more, a Mexican peso or a Chilean peso? f.    How many Mexican pesos can you get for a euro? What do you call this rate? g.   Per unit, what is the most valuable currency of those listed? The least valuable?    

 


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