Which Currency Trade Is Consistent with the Current Exchange Rates

question 206

Multiple Choice

Which currency trade is consistent with the current exchange rates of 500 Chilean pesos for US$1 and £1 for US $1.50?

• A) 1,250 Chilean pesos for £2
• B) 1,000 Chilean pesos for £2
• C) £10 for 750 Chilean pesos
• D) 1,500 Chilean pesos for £2

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Definitions:

Colorblind

An inability or decreased ability to see color, or perceive color differences, under normal lighting conditions.

Accommodation

The ability of the eye to change its focus from distant to near objects (and vice versa) by changing the curvature of the lens.

Suspensory Ligaments

Fibrous tissues that support an organ or structure, for example, holding the lens of the eye in place.

Spherical

Having the shape or form of a sphere, meaning it is perfectly round in all directions.