Question: Study the table below and answer the question that follows. Carpets Fighter aircraft Afghanistan 100 4 US 500 25 An appropriate international exchange ratio that
Study the table below and answer the question that follows.

Carpets Fighter aircraft Afghanistan 100 4 US 500 25
An appropriate international exchange ratio that would allow mutually advantageous trade to take place would be: (4 marks) a) 1 aircraft = 25 carpets. b) 1 aircraft = 20 carpets. c) 1 carpet = 0,04 aircraft. d) 1 aircraft = 22 carpets. 1.25 The exchange rate between the euro () and the US dollar ($) is $1,20 per euro. If an American tourist in Paris purchases a good valued at 60 euros, then in his own currency this would cost: (4 marks) a) $50 b) $72 c) $48 d) $720
\begin{tabular}{|l|c|c|} \cline { 2 - 3 } \multicolumn{1}{c|}{} & Carpets & Fighter aircraft \\ \hline Afghanistan & 100 & 4 \\ \hline US & 500 & 25 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|} \cline { 2 - 3 } \multicolumn{1}{c|}{} & Carpets & Fighter aircraft \\ \hline Afghanistan & 100 & 4 \\ \hline US & 500 & 25 \\ \hline \end{tabular}
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