Business, 15.02.2021 20:20 fespinoza019
Before World War I, $20.75 was needed to buy one ounce of gold. If, at the same time, one ounce of gold could be purchased in France for , what was the exchange rate between French francs and U. S. dollars?
The implied French franc/US dollar exchange rate is FF$
The implied US dollar/French franc exchange rate is $ . (Round to four decimal places.)
Answers: 3
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Before World War I, $20.75 was needed to buy one ounce of gold. If, at the same time, one ounce o...
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