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    Exchange rates of the U.S. dollar

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    A bicycle manufactured in the United States costs $100. Using the exchange rates listed in Table 1, what would the bicycle cost in each of the following countries?

    a. Argentina
    b. Britain
    c. Canada

    What is the price of 1 U.S. dollar in terms of each of the following currencies, given the following exchange rates in table 1?

    a. 1 euro $.90
    b. 1 Chinese yuan $.12
    c. 1 Israeli shekel $.30
    d. 1 Kuwaiti dinar $3.20

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    Table 1 is not attached but here are the calculations based on current ...

    Solution Summary

    This solution discusses exchange rates of the U.S. dollar.