Question: Using exchange rates, it is possible to compare prices in different nations. If an iPod costs $60 in the United States and 45 in France,

Using exchange rates, it is possible to compare prices in different nations. If an iPod costs $60 in the United States and 45 in France, in which nation would you get the better deal when the dollar-euro exchange rate is 0.85/5? The iPod would cost the same in both countries. From the information provided, it is impossible to answer this question. The iPod would be cheaper in the United States. The iPod would be cheaper in France

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