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Unit Test

Question 5 • MO-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 is consistent with Japanese yen. Canadian dollars and British pounds are worth more per unit, so one euro would exchange for much less than 119 of either.

AI-written and checked against the verified answer.