Predicted or implied exchange rate

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Reference no: EM13775763

If the price of the Big Mac is $2.50 in the U.S. and 500 foreign units (F) in the foreign nations, then the predicted or implied exchange rate is:

A. $2.50/F

B. 500 F per dollar

C. 200 F per dollar

D. none of the above

Reference no: EM13775763

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