Question: 1 7 ) Suppose that the current exchange rate is 0 . 8 0 = $ 1 . 0 0 . The direct quote, from

17) Suppose that the current exchange rate is 0.80= $1.00. The direct quote, from the U.S.
perspective is
A)1.00= $1.25.
B)0.80= $1.00.
C)1.00= $1.80.
D) none of the options

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