Consider this statement: It takes more than 110 yen to buy 1 U.S. dollar and more than
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Consider this statement:
It takes more than 110 yen to buy 1 U.S. dollar and more than 1.2 dollars to buy 1 British pound. These values show that the United States must be a much wealthier country than Japan and that the United Kingdom must be wealthier than the United States.
Do you agree with this reasoning? Briefly explain.
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