If a firm insures itself against foreign exchange risk, it is engaging in countertrade arbitrage currency speculation. forecasting hedging. QUESTION 19 If the exchange rate between the euro and the dollar is 1.00 = $1.10, and an American tourist in France is buying a product whose price is 50, how much in U.S. dollars would the tourist have to pay for the product? $45.00 $50.00 $45.45 $55.00 $50,50