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Suppose you want to buy a German car, which costs 55,000. What will be the price of this car in the United States if the

Suppose you want to buy a German car, which costs 55,000. What will be the price of this car in the United States if the exchange rate is 0.90 per U.S. dollar? What will happen to the price if the exchange rate increases to 0.95 per U.S. dollar?

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