If the Exchange Rate Is 2 Brazilian Reals Per Dollar

question 52

Multiple Choice

If the exchange rate is 2 Brazilian reals per dollar and a meal in Rio costs 20 reals,then how many dollars does it take to buy a meal in Rio?

• A)40 and your purchase will increase Brazil's net exports.
• B)10 and your purchase will increase Brazil's net exports.
• C)40 and your purchase will decrease Brazil's net exports.
• D)10 and your purchase will decrease Brazil's net exports.

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