If the exchange rate between the Canadian dollar and the Pound is 1 Canadian dollar = 0.71
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Question:
If the exchange rate between the Canadian dollar and the Pound is 1 Canadian dollar = 0.71 Pounds, according to the law of one price, a baseball cap that retails for 17 Canadian dollars in Toronto should sell for about _____ in C2: Group of answer choices 23.8 Pounds 8.5 Pounds 12.07 Pounds 24 Pounds
Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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