If the Exchange Rate Between British Pounds and Canadian Dollars $\le$

question 70

Multiple Choice

If the exchange rate between British pounds and Canadian dollars is C$2.020.4 = $\le$ 1, then

• A) It takes 2.04 British pound to buy one Canadian dollar
• B) The Canadian dollar is worth more than one British pound
• C) Each Canadian dollar is worth approximately 0.49 British pound
• D) $0.2 Canadian dollar will purchase one British pound
• E) None of the above

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Definitions:

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