Question: Foreign exchange and commodity prices.While traveling in the following countries, you see twenty-ounce plastic bottles of Coca-Cola. You know the price in the United States

Foreign exchange and commodity prices.While traveling in the following countries, you see twenty-ounce plastic bottles of Coca-Cola. You know the price in the United States for a Coke is $, but the countries have the following prices:

Canada:C$1.42

Japan:156

England:0.45

European Union:0.78

What is the implied exchange rate for U.S. dollars and these four currencies?

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