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if the exchange rate between dollars and pesos is pesos 8/$ and between dollars and pounds is 1.50/pound, what is pound peso echange rate? *Please
if the exchange rate between dollars and pesos is pesos 8/$ and between dollars and pounds is 1.50/pound, what is pound peso echange rate?
*Please show how you got this answer, not just the answer.**
Special drawing rights are:
a. loans by IMF to member countries
b. international reserve assets
c. backed by gold
d. credit lines offered to foreign central banks by federal reserve system
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