A German sports car is selling for 70 000 euros. What is the dollar price in Canada
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A German sports car is selling for 70 000 euros. What is the dollar price in Canada for the German car if the exchange rate is 0.90 euros per dollar?
Exchange RateThe value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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Related Book For 
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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