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Suppose a tube of Colgate costs 250 Yen in Tokyo and $5 in San Francisco. If the real exchange rate is one-fourth of a tube
Suppose a tube of Colgate costs 250 Yen in Tokyo and $5 in San Francisco. If the real exchange rate is one-fourth of a tube of Colgate in the U.S. for one tube of Colgate in Tokyo, how many yen should you receive in exchange for $1? Select one: OA 100 OB. 12.5 OC. 50 OD. 200
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