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Joe, one of the students in the College of Business, was curious about the trend of exchange rate between the Euro and US dollar. So,
Joe, one of the students in the College of Business, was curious about the trend of exchange rate between the Euro and US dollar. So, he looked up a website to find that the exchange rate between the Euro and US dollar was 1.12 Euro/USD in late 2001. However, as of October 2005, the exchange rate is .83 Euro/USD The exchange rates quoted are O a direct quotation for Euro O a direct quotation for USD an indirect quotation for Euro an indirect quotation for USD Both a direct quotation for Euro and an indirect quotation for USD
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