What should the us dollar do with respect to the british

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Reference no: EM133339761

Question: If currently the exchange rate between US dollars and British pounds is 2:1 (it takes two US dollars to buy one British pound), and a Whopper costs $2.25 in the US and 1.50 pounds in Great Britain,

What should the US dollar do with respect to the British Pound over time?

Reference no: EM133339761

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