Which Currency Trade Is NOT Consistent with the Current Exchange

question 117

Multiple Choice

Which currency trade is NOT consistent with the current exchange rates of 500 Chilean pesos for US$1 and £1 sterling for US$1.50?

• A) 1,000 Chilean pesos for US$2
• B) 1,000 Chilean pesos for £2 British pounds
• C) £1,000 for US$1,500
• D) 1,500 Chilean pesos for £2

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