Question: Suppose that the current exchange rate is C 0 . 8 0 $ 1 . 0 0 . The direct quote, from the U .

Suppose that the current exchange rate is C0.80$1.00. The direct quote, from the U.S. perspective is
61.00=$1.25
1.00=$1.80.
60.80=$1.00
none of the options
Suppose that the current exchange rate is C0.80$1.00. The direct quote,

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