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Question 8Suppose the direct foreign exchange rate in U.S. dollars is: 1British pound=$1.What is the indirect exchange rate for the Britishpound?1.60 British pounds0.625 British pounds0.36

Question 8Suppose the direct foreign exchange rate in U.S. dollars is: 1British pound=$1.What is the indirect exchange rate for the Britishpound?1.60 British pounds0.625 British pounds0.36 2 answers

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