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TI Part 1 of 8 O Points: 0 of 1 Save Foreign exchange and commodity prices. While traveling in the following countries, you see twenty-ounce
TI Part 1 of 8 O Points: 0 of 1 Save Foreign exchange and commodity prices. While traveling in the following countries, you see twenty-ounce plastic bottles of Coca-Cola, You know the price in the United States for a Coke is $0.92, but the countries have the following prices Canada: C$1.49 Japan: *152 England: 0.48 European Union: 0.82 What is the implied exchange rate for U.S. dollars and these four currencies? What is the implied direct, or American, exchange rate between the U.S. dollar ($) and Canadian dollar (C$)? Ty$1.6196) per C$ (Round to four decimal places.)
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