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Suppose that the current exchange rate is 0.80 = $1.00. The direct quote, from the U.S. perspective is 1.00 = $1.25. 1.00 = $1.80. 0.80
Suppose that the current exchange rate is 0.80 = $1.00. The direct quote, from the U.S. perspective is
| 1.00 = $1.25. | ||
| 1.00 = $1.80. | ||
| 0.80 = $1.00. | ||
| none of the options |
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The Wall Street Journal Complete Personal Finance Guidebook
Authors: Jeff D. Opdyke
1st Edition
030733600X, 978-0274804573
