Suppose that a Swiss television set that costs 400 francs in Switzerla – McqOptions

MCQOPTIONS

1.	Suppose that a Swiss television set that costs 400 francs in Switzerland cost $200 in the United States. The exchange rate between the franc and the dollar is ?
A.	2 francs per dollar
B.	1 franc per dollar
C.	$2 per franc
D.	$3 per franc
Answer» B. 1 franc per dollar

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