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Business, 06.05.2020 00:30 anatomyfl

If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound in the U. S. and 1 New Zealand dollar per pound in New Zealand, what is the real exchange rate?

A. 22.5

B. 1.25

C. 2

D. 0.75

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Answers: 2

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If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound...
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