Assume £1 (Pounds Sterling)gold Coin in the United Kingdom Contains

question 48

Multiple Choice

Assume £1 (pounds sterling) gold coin in the United Kingdom contains 113.0016 grains of pure gold,while the $1 gold coin in the US contains 23.22 grains.If the cost of shipping £1 from London to New York was 3 cents,the gold export point of the UK pound is _____,and the gold import point is ________.

• A)$113.16; $113.22
• B)$4.90; $4.84
• C)$19.16; $19.22
• D)cannot be determined from information given

---

Definitions:

Advantages and Disadvantages

Advantages and disadvantages are the positive and negative aspects or outcomes associated with a particular decision, action, or situation.

Informed Consent

A process by which a person voluntarily agrees to participate in a study, treatment or procedure, fully understanding its risks, benefits, and alternatives.

Cultural Background

The collection of influential factors such as ethnicity, language, and traditions that shape an individual's or community's identity and perspectives.

Maintaining Privacy

The practice of protecting personal information or activities from being disclosed without consent, emphasizing individual's rights and boundaries.