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1. Suppose that the spot exchange rate is 1.00 = $1.60. Is it a direct quotation or indirect quotation from the U.S. perspective? Translate 100,000

1. Suppose that the spot exchange rate is 1.00 = $1.60. Is it a direct quotation or indirect quotation from the U.S. perspective? Translate 100,000 into $ using indirect quotation

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