Business, 21.05.2021 03:10 quetzaliescalona
Today, you can get either 140 Canadian dollars or 1,140 Mexican pesos for 100 U. S. dollars. Last year, 100 U. S. dollars was worth 139 Canadian dollars and 1,160 Mexican pesos. Which one of the Following statements is correct given this information?
A) US$100 invested in Canadian dollars last year would now be worth 1,148.20 Mexican pesos.
B) US$100 invested in Mexican pesos last year would now be worth US$98.28.
C) US$100 invested in Mexican pesos last year would now be worth US$102.03
D) US$1,200 invested in Canadian dollars last year would now be worth US$1,208.63.
E) US$1,200 invested in Canadian dollars last year would now be worth US$1,191.43.
Answers: 3
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Tariffs and quotas are often imposed when a government is more responsive to interests, and the benefits of those trade restrictions are often ; concentrated producer; widely dispersed consumer; widely dispersed consumer; concentrated
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Today, you can get either 140 Canadian dollars or 1,140 Mexican pesos for 100 U. S. dollars. Last ye...
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