6
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Entrepreneurship

Question 6 • IL-Economics

1 euro could be exchanged for 119.

Answer
A
Canadian dollars
B
British pounds
C
Japanese yen

Explanation

An exchange rate of about 119 units for 1 euro fits Japanese yen. Canadian dollars and British pounds are worth much more per unit, so 1 euro would exchange for only a small number of those currencies, not 119.

AI-written and checked against the verified answer.