Under the gold standard, if the U.S. dollar was fixed at $30/oz of gold and Japan was fixed at ¥75/oz of gold, what would be the Yen/dollar exchange rate?
A) ¥2.50/$
B) $2.50/¥
C) ¥0.40/$
D) ¥2250/$
A
Business
You might also like to view...
In which of the following does the title to the goods pass from the seller to the buyer?
A) option contract B) rental agreement C) lease D) sale of goods
Business
If team members do not address both the task-facilitating and the relationship-building roles, the team is likely to perform inadequately
Indicate whether the statement is true or false
Business