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The Direct and Indirect Quotes on the Swiss Franc Are

question 1

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The direct and indirect quotes on the Swiss franc are 0.75 and 1.33, respectively. The direct and indirect quotes on Poland's zloty are 0.25 and 3.94, respectively. How many zloty will it cost a Polish merchant to purchase a watch priced at 270 Swiss francs.


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A decline in the effectiveness or productivity of a process, system, or mechanism, often resulting in lower output or increased waste.

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