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N... 11 v A A Aav Ap v V OF v AaBbCcDdEe AaBbCcDdEe Uvab x x ADVA v E Normal No Spacing Styles Pane 3. Exchange rates are 0.75 U.S. dollars per Canadian dollar, 170 yen per Canadian dollar, 0.8 euro per Canadian dollar, and 20 pesos per Canadian dollar. A bottle of beer in New York costs 6 U.S. dollars, 1200 yen in Tokyo, 7 euros in Munich, and 100 pesos in Cancun. Where is the most expensive beer? a. Cancun b. New York c. Tokyo d. Munich 4. In Ireland, a pint of beer costs 5 euros. In Australia, a pint of beer costs 6 Australian dollars. If the exchange rate is 0.6 euros per Australian dollar, what is the real exchange rate? a. 0.5 pints of Irish beer per pint of Australian beer b. 0.72 pints of Irish beer per pint of Australian beer c. 1.39 pints of Irish beer per pint of Australian beer d. 2 pints of Irish beer per pint of Australian beer

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