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Question 32 Assume the foreign exchange rate quotes are such that $1 is equal to 1.0811 units of Australian dollars and 7.326 units of Mexican

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Question 32 Assume the foreign exchange rate quotes are such that $1 is equal to 1.0811 units of Australian dollars and 7.326 units of Mexican pesos. Also, those quotes can be expressed as Australian dollars 1.0811/$ and Mexican pesos 7.326/$. How many Australian dollars is needed to buy 1 unit of Mexican peso? none of the answers is correct Australian dollars 0.1476/Mexican peso Mexican pesos 12.6766/Australian dollar Australian dollars 1.4766/Mexican peso Mexican pesos 8.7766/Australian dollar

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