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Business, 11.04.2020 01:33 id0617045

If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound in the U. S. and 1 New Zealand dollar per pound in New Zealand, what is the real exchange rate?
A. 22.5
B. 1.25
C. 2
D. 0.75

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If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound...
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