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.

Study the table below and answer the question that follows. Carpets Fighter

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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