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Denise Is Taking Her First International Trip

Question 27

Multiple Choice

Denise is taking her first international trip.She travels from the United States to France.She gives the bank located at the French airport US$100.They give her back €82.69.When she asks why,the bank teller informs her,"It's because of the ____."


A) capital account
B) current account
C) exchange rate
D) credit ratio

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