If the Exchange Rate Between British Pounds Sterling and the Canadian

question 16

Multiple Choice

If the exchange rate between British pounds sterling and the Canadian dollar is 1 pound = $2.80, then

• A)one dollar exchanges for 0.357 pounds.
• B)one dollar exchanges for 1.40 pounds.
• C)one pound exchanges for 2.40 dollars.
• D)one pound exchanges for 0.28 dollars.
• E)one dollar exchanges for 0.280 pounds.

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