Question: Suppose that the current exchange rate is 0.80 = $1.00. The direct quote, from the U.S. perspective is 1.00 = $1.25. 1.00 = $1.80. 0.80

Suppose that the current exchange rate is 0.80 = $1.00. The direct quote, from the U.S. perspective is

1.00 = $1.25.

1.00 = $1.80.

0.80 = $1.00.

none of the options

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