Question 10 2 points Which statement about international finance is false? A According to class slides, if an Apple iPad costs $399 in the US and 353.10 in France, according to PPP, the spot exchange rate should be 51.57 per euro. A cross rate is the computation of an exchange rate for a currency from the exchange rates of two other currencies c International expansion often occurs because it is generally easier for firms to expand the market for their products rather than to develop new products. Abid quote indicates the number of units of the home currency required to buy one unit of the foreign currency