The Domestic Currency Value of the Foreign Currency Price of a Product

question 87

Multiple Choice

The domestic currency value of the foreign currency price of a product is equal to:

• A) the reciprocal exchange rate between the domestic and foreign currency.
• B) the reciprocal of the foreign currency price of the product.
• C) the difference between the foreign currency price of the product and the exchange rate between the domestic and foreign currency.
• D) the foreign currency price of the product multiplied by the exchange rate between the domestic and foreign currency.
• E) the reciprocal exchange rate between the domestic and foreign currency divided by the foreign currency price of the product.

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